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Ní dhéanfar aon tarraingt chun na bannaí talún a fhuascailt go dtí go mbeidh dhá bhliain caite ó dháta chéadeisiúint na mbannaí nó go dtí go dtarlóidh, ar an 1ú lá de Bhealtaine éigin nó ar an 1ú la de Shamhain éigin, go mbeidh ochtó faoin gcéad ar a laghad de mhéid ainmniúil cibé cuid de na bannaí a bheidh eisithe roimh an lá sin cláraithe i leabhaír Bhanc Ceannais na hÉireann
No drawings for redemption of the land bonds shall take place before the expiration of two years from the date of the first issue of the bonds or until, in some 1st day of May or 1st day of November, not less than eighty per cent. of the nominal amount of such of the bonds as shall have been issued before such day are registered in the books of the Central Bank of Ireland