Section No :  
Legislative Enactments
INSCRIBED RUPEE STOCK
Marginal Notes
1. This Ordinance may be cited as the Ceylon Inscribed Rupee Stock Ordinance.
2. Minister in charge of subject of Finance may raise by means of inscribed rupee stock money which he is authorized to raise by loan.
3. Stock to be styled " Ceylon Inscribed Rupee Stock", and issued by the Deputy Secretary to the Treasury.
4. Inscribed rupee stock to be a charge upon Consolidated Fund.
5. When the principal is to be repaid.
6. Principal and interest where payable.
7. Appropriation out of Consolidated Fund of sums to meet interest and principal.
8. Investment of sinking fund.
9. Any deficiency in sinking fund to be made good out of Consolidated Fund.
10. Cesser of sinking fund contribution.
11. Expenses to be paid out of sinking fund.
12. Transfer of stock-
13. Closing of register for dividend.
14. Dividends in case of infancy & c., of a joint stockholder.
15. Stock certificates to bearer.
16. Renewal of coupons or certificate.
17. Conversion intonominal stock of stock in certificate to bearer.
18. Trustees not to apply for stock certificate to bearer.
19. Loss of stock certificate to bearer.
20. Stock in certificate to bearer to have incidents of other stock, except as to transfers. Ac
21. Registry of stock.
22. Certificates to stockholders.
23. Register to be evidence.
24. Notice of trust not receivable
25. Information to be given respecting register.
26. Creation, inscription, issue conversion. and transfer of inscribed rupee stock.
27. Exemption from stamp duties.
28. Persons making false declarations how punishable.
29. Frauds and forgery.
30. Offences to be cognizable and bailable and triable by Magistrates Courts.