4AInterest payable in respect of deposits

4A Interest payable in respect of deposits

(1) Subject to sections 4B and 25D, interest is payable in accordance with this section in respect of deposits. (2) The interest is only payable on: (a) if the deposit is partly a farm management bond—the sum of the investment component, from time to time, of the part that is a farm management bond and the investment component, from time to time, of the remainder; and (b) in any other case—the investment component, from time to time, of the deposit. (3) The interest is payable at the short‑term bond rate.