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The Succession Act, 1925

Section 370Restriction on grant of certificates under this Part

In forcePart X Succession Certificates

Part X Succession Certificates

s. 370

370. Restriction on grant of certificates under this Part (1) A succession certificate (hereinafter in this Part referred to as a certificate) shall not be granted under this Part with respect to any debt or security to which a right is required by section 212 or section 213 to be established by letters of administration or probate: Provided that nothing contained in this section shall be deemed to prevent the grant of a certificate to any person claiming to be entitled to the effects of a deceased Bangladesh Christian, or to any part thereof, with respect to any debt or security, by reason that a right thereto can be established by letters of administration under this Act. (2) For the purposes of this Part, "security" means- (a) any promissory note, debenture, stock or other security of the Government [* * *]; [* * *] (c) any stock or debenture of, or share in, a company or other incorporated institution; (d) any debenture or other security for money issued by, or on behalf of, a local authority; (e) any other security which the Government may, by notification in the official Gazette, declare to be a security for the purposes of this Part.

  1. 42. Clause (b) of sub-section (2) of section 370 was omitted by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)
  2. 41. The words "or of a Provincial Government" were omitted by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)

End of s. 370.

Read the contents: The Succession Act, 1925