Subs. by s. 155, ibid., for "such higher percentage not exceeding twenty-five per cent., as the National Hous… — THE NATIONAL HOUSING BANK ACT, 1987

Subs. by s. 155, ibid., for "such higher percentage not exceeding twenty-five per cent., as the National Housing Bank may" (w.e.f. 9-8-2019).

4. Subs. by s. 155, ibid., for "such higher percentage not exceeding twenty-five per cent., as the National Housing Bank may" (w.e.f. 9-8-2019). (ii) " unencumbered approved securities " includes the approved securities lodged by the housing finance institution with another institution for an advance or any other arrangement to the extent to which such securities have not been drawn against or availed of or encumbered in any manner; (iii) " quarter " means the period of three months ending on the last day of March, June, September or December.

Section 4