sec.43Calling up financial assistance obtained by false statement

### sec.43 Calling up financial assistance obtained by false statement This section applies to financial assistance given under this Act to a person who— in applying for the financial assistance contravened section 41 (False or misleading information) or 42 (False or misleading documents); and would not otherwise have been given the financial assistance. The authority may, by notice given to a person who has received financial assistance to which this section applies— call up a loan or other amount given as the financial assistance; and exercise the authority’s rights under a security for the loan or other amount. If the authority calls up a loan or other amount under this section, the amount is payable from the day the notice is given, or from a later day stated in the notice. (sec.43-ssec.1) This section applies to financial assistance given under this Act to a person who— in applying for the financial assistance contravened section 41 (False or misleading information) or 42 (False or misleading documents); and would not otherwise have been given the financial assistance. (sec.43-ssec.2) The authority may, by notice given to a person who has received financial assistance to which this section applies— call up a loan or other amount given as the financial assistance; and exercise the authority’s rights under a security for the loan or other amount. (sec.43-ssec.3) If the authority calls up a loan or other amount under this section, the amount is payable from the day the notice is given, or from a later day stated in the notice. - (a) in applying for the financial assistance contravened section 41 (False or misleading information) or 42 (False or misleading documents); and - (b) would not otherwise have been given the financial assistance. - (a) call up a loan or other amount given as the financial assistance; and - (b) exercise the authority’s rights under a security for the loan or other amount.