Section 5: Transfer of Government securities.

The Government Securities Act, 2006Central Act · Act 38 of 2006

(1) No transfer of a Government security shall be valid if it does not purport to convey the full title to the security.

(2) The transfer of the Government securities shall be made in such form and in such manner as may be prescribed.

(3) Any document relating to a Government security or any endorsement on a promissory note issued by the Government may, on the demand of a person who for any reason is unable to write, shall be executed on his behalf in such manner as may be prescribed.

(4) Nothing in this section shall affect any order made by the Bank under this Act, or any order made by a Court upon the Bank.

Where this provision sits

Act	The Government Securities Act, 2006
Section	5
Marginal note	Transfer of Government securities.
Jurisdiction	Central
Status	In force as published by the source

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