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In forceACT NO. X OF 1920 · 11th March, 1920

The Securities Act, 1920

দ্য সিকিউরিটিজ আইন, ১৯২০

♣An Act to consolidate and amend the law relating to Government securities.

Contents

  1. PreamblePreamble
  2. Section 1Short title, extent and commencement
  3. Section 2Definitions
  4. Section 3Notice of trust not receivable save as provided
  5. Section 4Right of survivors of joint or several payees of Government securities
  6. Section 5Endorsements to be made on security itself
  7. Section 6Holding of Government securities by holders of public offices
  8. Section 7[Omitted]Repealed
  9. Section 8Indorser of Government security not liable for amount thereof
  10. Section 9Impression of signature on Government securities

ISSUE OF DUPLICATE, RENEWED, CONVERTED, CONSOLIDATED OR SUB-DIVIDED SECURITIES

  1. Section 10Issue of duplicate securities
  2. Section 11Renewal of bearer bonds
  3. Section 12Renewal of promissory notes
  4. Section 13Renewal of promissory notes in case of dispute as to title
  5. Section 14Renewal of other securities
  6. Section 15Issue of converted, etc., securities
  7. Section 16Liability in respect of promissory note renewed, etc.

DISCHARGE

  1. Section 17Immediate discharge in certain cases
  2. Section 18ADischarge in respect of interest
  3. Section 18Discharge in other cases

SUMMARY PROCEDURE IN CERTAIN CASES

  1. Section 19Procedure on death of holder of securities

SECURITIES HELD BY MINORS AND LUNATICS

  1. Section 20Payment in case of securities held by minors and lunatics

INDEMNITY

  1. Section 21Indemnity

INSPECTION OF REGISTERS, BOOKS AND DOCUMENTS

  1. Section 22Inspection of documents

PENALTY

  1. Section 23Penalty

RULES

  1. Section 24Power to make rules
  2. Section 25[Repealed]Repealed
  3. Section 26Provision as to Bangladesh securities