Power to repay loan before due date

(1) The Board may appIy any sum not bein g less than ten thousand rupees which can be so applie t without prejudiciug'tl~e security of the other debenture- holders of the Board, in repaying to the Government any sum which may remain due to them in respect of the principal of any loan before the titiye fixed for the repayment of the same. (2) On any such repayment being made the portion of any subsequent instalrnent which represents interest shall be reduccd to such an amount as represents intei.es t on the outstanding principal.