Section 20Part 4 — Registered Securities
Liability of Government in respect of issue of securities
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The Government shall be obligated to pay, to the person registered for the time being as the securities holder, the principal sum represented by that securities and that interest due thereon, and any premium, charge, assessment or other expense which may be incurred in connection with the issue or the redemption thereof, in accordance with this Law, at the rate and on the dates directed by the Financial Secretary under section 6 or under an option to redeem such securities reserved in such directions.
Cross References
- Section 6 of Government Securities Act
rate and dates directed by the Financial Secretary