Cap. 161 Art. 39Discharge in other cases. Signature of Accountant General may be printed on stock or securities.

Save as otherwise provided in this Ordinance the liability of the Government shall -

(a) in respect of any registered stock or security redeemed on or after the date on which payment of the principal amount becomes due, be discharged after the lapse of six years from that date;

(b) in respect of any security in place of which a duplicate is issued under article 33, be discharged after the lapse of six years from the date of the issue of such duplicate or from the date of the last payment of interest on such security, whichever date is the later;

(c) in respect of a security for which a renewed security is issued under article 33 or in respect of stock or securities in place of which new stock or securities are issued upon an exchange under article 35 or upon a consolidation or subdivision under article 36, be discharged after the lapse of six years from the date of the issue of the renewed security or of the new stock or securities, as the case may be.

stamped, engraved, or impressed by any mechanical process on any stock certificate or debenture, and a signature so printed, stamped, engraved or impressed shall be as valid as if it had been inscribed in the proper handwriting of the Accountant General.