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Formal Consolidation |  1998 RevEd
Maximum withdrawal limit under regulations 3 and 4
7.  The total amount which may be withdrawn by a member to repay one or more loans under regulations 3 and 4 shall be determined by the Board but in no case shall such amount exceed 70% of the value of the property at the date of the signing of the agreement for the sale and purchase of the property as assessed by the Board.
Informal Consolidation | Amended S 87/1999
Maximum withdrawal limit under regulations 3, 4, 5A and 5B
7.  The total amount which may be withdrawn by a member to repay one or more loans under regulations 3, 4, 5A and 5B shall be determined by the Board but in no case shall such amount exceed 70% of the value of the property at the date of the signing of the agreement for the sale and purchase of the property as assessed by the Board.