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AN ACT TO GIVE THE AUTHORITY REQUIRED BY SECTION 1 OF THE COLONIAL STOCK ACT, 1948, OF THE PARLIAMENT OF THE UNITED KINGDOM FOR THE MAKING OF REGULATIONS ENABLING THE TRANSFER BY INSTRUMENT IN WRITING OF CEYLON STOCK ISSUED IN ENGLAND UNDER THE COLONIAL STOCK ACT, 1877, OF THE PARLIAMENT OF THE UNITED KINGDOM.
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[16th February
, 1950 ]
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1. This Act may be cited as the Stock Act.
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Grant of the authority-required by section 1 of the Colonial Stock Act, 1948.
(12, 13 & 14 Geo. vi, c. 1.)
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2. Authority is hereby given for the making of regulations under section 16 of the Colonial Stock Act, 1377, of the Parliament of the United Kingdom, to provide that, in accordance with section 1 of the Colonial Stock Act, 1948, of the Parliament of the United Kingdom, stock created under the provisions of the General Loan and Inscribed Stock Ordinance, No. 5 of 1921, and issued under the provisions of the first-mentioned Act before the aforesaid Colonial Stock Act, 1948, came into force, shall be transferable by instrument in writing in accordance with the regulations and in no other manner.
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| Chapter 419, Volume No. 12 Page No.266. |
