Section 2
Prohibition of transfer of Post Office 5-year Cash Certificates without the consent of an authorised officer.
The Post Office Cash Certificates Act, 1917
About this Act
An Act to restrict the transfer of Post Office 5-Year Cash Certificates and to provide for the payment of Certificates standing in the name of deceased persons.
(1) Notwithstanding any provision in any enactment or any rule of
law for the time being in force to the contrary, no transfer (whether made before or after the
commencement of this Act) of a Post Office 5-year Cash Certificate shall be valid without the
previous consent in writing of 1[an officer of the Post Office authorised by general or special
order of the Central Government in that behalf].
(2) In this section "transfer" means a transfer infer vivos and does not include a transfer by operation of law.
(2) In this section "transfer" means a transfer infer vivos and does not include a transfer by operation of law.
Notes
1. Subs. by Act 32 of 1920, s. 2, for certain words with effect from 1 -7-1965.