The Government Securities Act, 2006
Central · 2006
- S. 1Short title, application and commencement.
- S. 2Definitions.
- S. 3Forms of Government securities.
- S. 4Subsidiary general ledger account.
- S. 5Transfer of Government securities.
- S. 6Holding of Government securities by holders of public offices.
- S. 7Recognition of title to Government security of deceased sole holder or joint holders.
- S. 8Right of survivors of joint holders or several payees.
- S. 9Nomination by holders of Government securities.
- S. 10Government securities belonging to minor or insane person.
- S. 11Issue of duplicate securities and of new securities on conversion, consolidation, sub-division, renewal, stripping or reconstruction.
- S. 12Summary determination by Bank of title to Government security in case of dispute.
- S. 13Law applicable in regard to Government securities.
- S. 14Postponement of payments and registration of transfers pending the making of vesting order.
- S. 15Power of Bank to require bonds.
- S. 16Publication of notices in Official Gazette.
- S. 17Procedure and scope of vesting order.
- S. 18Legal effect of orders made by Bank.
- S. 19Stay of proceedings on order of Court.
- S. 20Cancellation by Bank of vesting proceedings.
- S. 21Discharge in respect of interest on Government securities.
- S. 22Discharge in respect of bearer bonds.
- S. 23Period of limitation of Governments’ liability in respect of interest.
- S. 24Inspection of documents.
- S. 25Micro films, facsimile copies of documents, magnetic tapes and computer print outs as documents of evidence.
- S. 26Bank and its officers to be public officers.
- S. 27Misuse of subsidiary general ledger account facility.
- S. 28Pledge, hypothecation or lien.
- S. 29Power to call for information, cause inspection and issue directions.
- S. 30Contravention and penalties.
- S. 31Certain laws not to apply to Government securities.
- S. 31APowers of Bank not to apply to International Financial Services Centre.
- S. 32Power to make regulations.
- S. 33Construction of references to laws not in force in Jammu and Kashmir.
- S. 34Power to remove difficulties.
- S. 35Repeal and saving.