17Repayment after 12 months

17 Repayment after 12 months

(1) A person who is the depositor in respect of a particular deposit may, at any time after the expiration of a period of 12 months after the date on which the deposit was made, make a request to the authorized person for the repayment of the whole of the deposit, or of so much of the deposit as is specified in the request. (3) Where a request is made to the authorized person in accordance with this section in respect of a deposit or part of a deposit, the deposit, or the part of a deposit, as the case may be, becomes repayable on the date on which the request is made. (4) This section does not apply to a deposit to the extent that it consists of a farm management bond.