S.L. 161.1 · Local Loans (Registered Stock) (S.L. 161.1)
S.L. 161.1 Art. 10Issue of duplicates and renewals.
(1) The loss or destruction of any stock certificate issued by the Accountant General shall be notified in writing to him as soon as practicable by the person entitled to the possession thereof.
(2) Upon receipt of such notification the Accountant General shall cause to be published in the Gazette a notice stating that the certificate has been lost or destroyed, as the case may be, and that he proposes, after expiration of two calendar months from the date of such notice, to issue a duplicate of such certificate.
(3) The person giving such notification shall also be required to issue a notice in a local newspaper, stating that the certificate has been lost or destroyed as the case may be and that he proposes to apply to the Accountant General for the issue of a duplicate.
(4) If the Accountant General is satisfied that any stock certificate has been lost or destroyed, or is of opinion that any stock certificate has been issued in error or has been tampered with, or is in such a condition as to render its renewal desirable, he may -
(a) in the case of loss or destruction, issue, subject to the provisions of subregulation (2), a duplicate certificate; and
(b) in any other case, issue a renewal of the stock certificate, to any person who satisfies him that he is entitled to the possession thereof.
(5) Where any fee is authorised on the issue of a duplicate or on the renewal of a stock certificate, no such fee shall be payable in relation to a duplicate or renewal of a stock certificate occasioned solely by an error attributable to the person issuing the original stock certificate.