Section No : Legislative Enactments GENERAL LOAN AND STOCKMarginal Notes1. This Ordinance may be cited as the General Loan and Stock Ordinance,2. Loans to be raised by-debentures or stock. 3. Loans to be a charge upon Consolidated Fund. 4. Borrowing upon debentures. 5. Amount of each, debenture. 6. Redemption of debentures. 7. Interest coupons. 8. Form of debentures and coupons. 9. Debentures and coupons transferable by delivery. 10. Registry of debentures. 11. Payment of interest. 12. Mode of providing for payment of interest on debentures. 13. Further sums to be remitted for the redemption of debentures. 14. Application of sinking fund. 15. Creation of sinking fund for redemption of debentures payable on a fixed date. 16. Disposal of sinking fund when debentures are redeemed by purchase or by annual drawings. 17. Appointment of day for drawing of debentures. 18. Notice of time and place appointed for drawing. 19. Mode of drawing. 20. Notice of debentures drawn for redemption. 21. Payment of drawn debentures. 22. Cesser of interest from day appointed for payment of principal. 23. Redeemed debentures to be cancelled. 24. Borrowing upon stock. (40 & 41 Vict, c. 59.) 25. Redemption of stock. 26. Mode of providing for the payment of interest on stock. 27. Mode of providing for repayment of principal of stock. 28. Creation of sinking fund. 29. Charge upon Consolidated Fund. 30. Cesser of sinking fund contribution. 31. Expenses to be paid out of sinking fund. 32. Minister's powers in regard to loans. 33. Exchange of securities for Stock. 34. Converted securities to be cancelled. 35. Trustees to apportion amount of sinking fund released by conversion. 36. Sinking funds released how to be disposed of. 37. Creation, inscription, issue, conversion, and transfer of stock. 38. Raising of loans in Ceylon. 39. Exemption of debentures and stock from taxes, duties and levies in certain cases. 40. Exemption of 3 per cent. Stock, 1959-1964, from taxes.41. Saving clause. 42. Interpretation.