Clause 131 - Certificate of Government Securities - Finance Bill, 2015

Certificate of Government Securities 131. (1) A certificate, issued under the common seal of the Agency, specifying the Government securities held by any person, shall be prima facie evidence of the title of the person to such Government securities. (2) The manner of issue of a certificate of Government securities or the duplicate thereof, the form of such certificate, the particulars to be entered in the register of holders and other matters shall be such, as may be prescribed. (3) Where a Government security is held in depository form, the record of the depository is the prima facie evidence of the interest of the holder.