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Payment of interest on Exchequer bonds in certain cases without deduction of income tax.
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64. The Treasury may direct that any Exchequer bonds issued under their authority during the continuance of the present war and a period of six months thereafter shall be issued or shall be deemed to have been issued subject to the condition that the interest on those bonds shall be paid without deduction of income tax, and the interest shall be so paid accordingly; but any such interest shall be accounted for and charged to income tax under the third case of Schedule D, subject, howerver, to any provisions of the Income Tax Acts with respect to exemptions or abatements.
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