Section No :  
Legislative Enactments
REGISTERED STOCK AND SECURITIES
Marginal Notes
1. This Ordinance may be cited as the Registered Stock and Securities Ordinance.
2. Issue of registered stock, promissory notes, bearer bonds, and treasury bonds for the purpose of raising authorized loans.[ 3, 32 of 1995.]
3. Loans to be a charge upon Consolidated Fund.
4. Minister in charge of subject of Finance to specify mode of raising loan and other particulars.[ 4, 32 of 1995.]
5. Registrar to mark necessary arrangements.
5A. Restriction on purchase of stocks and securities.[ 5, 32 of 1995.] [ 2, 2 of 2004.]
6. Register of stock.
7. Liability of Government in respect of issue of registered stock.
8. stockholders.
9. Registration of first stockholders.
10. Stock certificates.
11. Transfer of registered stock.
12. Registration of transfers of stock.
13. Payment of interest to joint stockholders.
14. Closing of register.
15. Alteration of register.
16. Register to be conclusive evidence of facts entered therein.
17. Government promissory notes.
18. Manner and effect of indorsement.
19. Right of survivors of joint or several payees of promissory notes.
20. Bearer bonds.
21. Interest coupons.
21A. Treasury Bonds. [ 6, 32 of 1995.] [ 3, 2 of 2004.].
21B. Treasury bonds in the form of written certificates.[ 6, 32 of 1995.]
21C. Issue, trading and maintenance of records of scripless treasury bonds.[ 6, 32 of 1995.][ 4, 2 of 2004.]
21D. Direct participants. [ 6,32 of 1995][ 5,2 of 2004]
21E. Dealer direct participants.[ 6,32 of 1995][ 6,2 of 2004]
21F. Transfer of Scripless Treasury Bonds.[ 6,32 of 1995][ 7,2 of 2004]
22. Appropriation of revenue for payment of interest. [ 7,32 of 1995]
23. Payment of interest [ 8,32 of 1995]
24. Cessation of liability to pay interest.
25. Place of payment.
26. Payment to minors and persons of unsound mind.
27. Appropriation of revenue for sinking fund. [ 9,32 of 1995]
28. Separate sinking fund for each loan.
29. Investment of sinking fund.
30. Investment of interest on sinking fund.
30A. Manner of dealing with income from investments of Joint Investment Fund. [ 2,3 of 1985]
31. Cessation of contributions to sinking fund. [ 10,32 of 1995]
32. Expenses to be paid out of sinking fund.
33. Deficiency in sinking fund to be a charge upon revenue.
33A. Minister to make declaration that no contribution shall be made to the sinking fund with effect from date of declaration. [ 2,51 of 1983]
34. Power of Minister in charge of subject of Finance to authorize.
35. Arrangements for conversion.
36. Issue of duplicate stock certificates.
37. Issue of duplicate securities.
38. Renewal of stock certificates and securities.[ 11,32 of 1995]
39. Right of Registrar to compel renewal of securities.
40. Renewal of promissory note in case of dispute as to title.
41. Exchange of registered stock and securities.
42. Consolidation and subdivision of stock and securities.
43. Liability in respect of promissory note renewed, &c.
44. Indemnity bonds.
45. Immediate discharge in certain cases.
46. Discharge in other cases.
47. Summary procedure in special cases.
48. Registrar and trustees.
49. Signature of Registrar may be printed on stock or securities. [ 12,32 of 1995]
50. Holding of stock and securities by holders of public and other offices.
51. Notice of trust not receivable save as provided. [ 8,2 of 2004]
52. Seizure of stock or securities by Fiscal.
53. Exemption from stamp duties.
53A. Power of Central Bank exercised by officers etc.[ 13,32 of 1995]
53B. Protection of section.[ 13,32 of 1995]
54. Inspection of register and documents.
55. Regulations.[ 14,32 of 1995] [ 9,2 of 2004]
56. Delegation of powers of Minister in charge of subject of Finance.
56A. Offences.[ 15,32 of 1995] [ 10,2 of 2004]
56B. Offence of directors and officers. [ 15,32 of 1995]
57. Savings.
58. Interpretation. [ 16,32 of 1995][ 11,2 of 2004]