Section 7, The Development of Industries (Assistance) Rules

If any borrower fails to_ comply with any of the conditions set out in the contract of loan or, where repaymentof the loan by instalments has been approved by the Board, fails to pay any such instalment upon the date when the same falls due, the loan, or the balance thereof then outstanding, as the case may be, shall, notwithstanding any period for repayment which may have been fixed by the Board under Breach of Conditions. • Seizure of Goods by Board. Annual Statements. Records. Audit. Payment into Treasury. Experts Fees. Cap. 259] Development of Industries (Assistance) rule 6, immediately become repayable, together with all outstanding interest thereon up to the date upon which the loan is repaid in full.