22Application of war gratuity towards purchase of home for member

22 Application of war gratuity towards purchase of home for member

Upon the recommendation of a prescribed authority, made in pursuance of an application by a member, the Minister may authorize the then present value of the whole or portion of the war gratuity to which the member is entitled to be transferred to the War Service Homes Commissioner or any other authority approved by a prescribed authority for the purpose of being credited by the Commissioner or other authority, by way of deposit or otherwise, towards the cost of the erection or purchase of a dwelling‑house for the member, and the whole or portion of the war gratuity may, thereupon, be so transferred.