Transfer of Government securities
3. (1) Subject to the provisions of section 5, a transfer of a Government security shall be made only in the manner prescribed for the making of transfers of securities of the class to which it belongs, and no transfer of a Government security [* * *] shall be valid if-
(a) it does not purport to convey the full title to the security, or
(b) it is of such a nature as to affect the manner in which the security was expressed by the Government to be held.
(2) Nothing in this section shall affect any order made by the Bank under this Act, or any order made by a Court upon the Bank.
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Ministry of Law, Justice and Parliamentary Affairs