CAR LOAN GRANT
DISABLED EX-SERVICEMEN SPECIAL TERMS Cars for Disabled Ex-serviceme Ex-servicemen with a serious pensionable locomotive disability will be assisted to buy a car with special interest-free nonrepayable loans. Assistance will also be given, where it is needed, to fit extra mechanical controls in the cars so purchasedDetails of the scheme have been given by the Minister of Rehabilitation, the Hon. C. E. Skinner. The amount of loan available towards the purchase of a car will be £2OO. It will be a secured interest-free loan, repayable only if the car is sold or otherwise disposed of within two years of the loan being made. At the end of two years, if the ex-serviceman still owns the car, the loan will be converted into a free grantThese special loans will he available to ex-servicemen who have permanent locomotive disabilities assessed for pensions purposes at a minimum of 85 per cent of total disability, irrespective of the total war pension they may receive.
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https://paperspast.natlib.govt.nz/newspapers/OPUNT19481214.2.15
Bibliographic details
Opunake Times, 14 December 1948, Page 3
Word Count
162CAR LOAN GRANT Opunake Times, 14 December 1948, Page 3
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