Section 13
Law applicable in regard to Government securities.
About this Act
An Act to consolidate and amend the law relating to Government securities and to the management by the Reserve Bank of India of the public debt of the Government.
Notwithstanding that as a matter of
convenience 1[the Government] may have arranged for payments on a Government security to be made
elsewhere than in 2[India], the rights of all persons in relation to Government securities shall be
determined in connection with all such questions as are dealt with by this Act by the law and in the Courts
of 3[India].
Notes
1. Subs. by Act 6 of 1949, s. 6, for "the Central Government" (w.e.f. 1-4-1949).
2. Subs. by Act 57 of 1956, s. 8, for "Part a States and Part C States" (w.e.f. 15-10-1956).
3. Subs. s. 8, ibid., for "those States" (w.e.f. 15-10-1956).
2. Subs. by Act 57 of 1956, s. 8, for "Part a States and Part C States" (w.e.f. 15-10-1956).
3. Subs. s. 8, ibid., for "those States" (w.e.f. 15-10-1956).