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In forceACT NO. XXXVIII OF 1957 · 23rd November, 1957

The State Acquisition (Bonds) Act, 1957 (East Pakistan Act)

রাষ্ট্র অধিগ্রহণ (বন্ড) আইন, ১৯৫৭ (পূর্ব পাকিস্তান আইন)

♣An Act to make certain provisions in connection with the issue and management of bonds mentioned in sub-section (2) of section 58 of the [* * *] State Acquisition and Tenancy Act, 1950.

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Contents

  1. PreamblePreamble
  2. Section 1Short title, extent and commencement
  3. Section 2Definitions
  4. Section 3Form and denominations of Bonds and issue and management thereof
  5. Section 4Discharge of Government from liabilities
  6. Section 5Holding of Bonds in name of public office
  7. Section 6Holding of Bonds as trustee or by an Office other than public office
  8. Section 7Recognition of title to Bonds
  9. Section 8Rights of survivors of joint holders and summary procedure in certain cases
  10. Section 9Determination of person entitled to a Bond
  11. Section 10Determination of rights
  12. Section 11Recording of evidence
  13. Section 12Suspension of payment and postponement of order and registration
  14. Section 13Bank may require security
  15. Section 14Effect of recognition by the Bank of a person as the holder of a Bond
  16. Section 15Cancellation of proceedings
  17. Section 16Bar to claiming of interest on instalment
  18. Section 17Penalty for false statement
  19. Section 18Power to make rules