CTHRepealedLegislation
Commonwealth Inscribed Stock Regulations
38Payment of interest where infant is joint owner
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38 Payment of interest where infant is joint owner
(1) Where stock is inscribed in the name of an infant jointly with one or more other persons, the interest thereon may, if the infant has attained the age of fourteen years, be paid to the infant jointly with that other person or those other persons.
(2) Where the infant has not attained the age of fourteen years the interest may be paid to the infant’s parent or guardian jointly with that other person or those other persons.