NATIONAL MORTGAGE, FINANCING AND GUARANTEE SCHEME ACT - 1976 (SMCD 23)

    Section - 29 - Rates.

    Where any mortgagor under a mortgage to which this Decree applies fails to pay any property rates due in respect of the mortgaged property the mortgagee may pay the rates and moneys so paid shall be secured with the same priority as the mortgage and shall be added to the principal sum with interest at the same rate as on the principal sum.