Section 7: When an annuity deposit certificate is required to be renewed

Public Debt (Annuity Deposit Certificates) Rules 1966Central Rules · 1944

(1) A holder of an annuity deposit certificate may be required by the Public Debt Office to receipt the same for renewal in any of the following cases, namely:

(a) if the annuity deposit certificate is torn or in any way damaged;

(b) if the annuity deposit certificate having been en-faced three times for payment of annuity is presented for re-enfacement; and

(c) if, in the opinion of the Public Debt Office, the title of the person presenting the annuity deposit certificate is irregular or not fully proved.

(2) When a requisition for renewal of a certificate has been made under sub-rule

(1), further payments on the certificate may be refused until it is receipted for renewal and actually renewed.

Where this provision sits

Act	Public Debt (Annuity Deposit Certificates) Rules 1966
Section	7
Marginal note	When an annuity deposit certificate is required to be renewed
Jurisdiction	Central
Status	In force as published by the source

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