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Section 13 – Public Debt Act,1944

Public Debt Act,1944

Section 13. Law applicable in regard to Government securities

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 deter-mined in connection with any such questions as are dealt with by this Act by the Law and in the Courts of 3[India].

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1. Substituted for the words “the Central Government” by the Public Debt (Central Government) Amendment Act,1949 (6 of 1949), section 6 (1 -4-1949).

2. Substituted for the words “Part A States and Part C States” by the Public Debt (Amendment) Act,1956 (57 of 1956), section 8 (15-10-1956).

3. Substituted for the words “those States”, Substituted for the words “Part A States and Part C States” by the Public Debt (Amendment) Act,1956 (57 of 1956), section 8 (15-10-1956).

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Public Debt Act,1944

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