Act Info:
Preamble1 - GOVERNMENT SECURITIES ACT, 2006
Section1 - Short title, application and commencement
Section2 - Definitions
Section3 - Forms of Government securities
Section4 - Subsidiary general ledger account
Section5 - Transfer of Government securities
Section6 - Holding of Government securities by holders of public offices
Section7 - Recognition of title to Government security of deceased sole holder or joint holders
Section8 - Right of survivors of joint holders or several payees
Section9 - Nomination by holders of Government securities
Section10 - Government securities belonging to minor or insane person
Section11 - Issue of duplicate securities and of new securities on conversion, consolidation, sub-division, renewal, stripping or reconstitution
Section12 - Summary determination by Bank of title to Government security in case of dispute
Section13 - Law applicable in regard to Government securities
Section14 - Postponement of payments and registration of transfers pending the making of vesting order
Section15 - Power of Bank to require bonds
Section16 - Publication of notices in Official Gazette
Section17 - Procedure and scope of vesting order
Section18 - Legal effect of orders made by Bank
Section19 - Stay of proceedings on order of Court
Section20 - Cancellation by Bank of vesting proceedings
Section21 - Discharge in respect of interest on Government securities
Section22 - Discharge in respect of bearer bonds
Section23 - Period of limitation of Government's liability in respect of interest
Section24 - Inspection of documents
Section25 - Micro films, facsimile copies of documents, magnetic tapes and computer print outs as documents of evidence
Section26 - Bank and its officers to be public officers
Section27 - Misuse of subsidiary general ledger account facility
Section28 - Pledge, hypothecation or lien
Section29 - Power to call for information, cause inspection and issue directions
Section30 - Contravention and penalties
Section31 - Certain laws not to apply to Government securities
Section32 - Power to make regulations
Section33 - Construction of references to laws not in force in Jammu and Kashmir
Section34 - Power to remove difficulties
Section35 - Repeal and saving