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Government Securities Act 2006

17. Procedure and scope of vesting order. -

1.   The Bank shall, while making a vesting order under section 7, section 10, section 11 or section 12, follow such procedure as may be prescribed

2.   An order made by the Bank under this Act may either confer full title to a Government security or a title only to the accrued and accruing interest on the Government security pending a further order vesting full title.

Government Securities Act 2006 Back

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