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Section 15

of Local Loans Ordinance 1959

State OrdinanceIn forceProvision 15 of 27

Section 15

Stock, other than estate duty stock, shall be transferable by an instrument of transfer to be approved by the Accountant-General, and a certificate issued by the

Accountant-General in pursuance of such transfer and in respect of the stock so transferred shall, until the contrary is proved, be evidence of the title of the holder of the certificate to the stock specified therein.

Closing of Register.