Special provision as to persons unable to write.
Rectification of mistakes.
952
Provided that, if in any case in which the Accountant-General has directed the forfeiture of any certificates, he is satisfied that the contravention in question was inadvertent and that in the circum- stances forfeiture will cause undue hardship to the person concerned, he may, if he thinks fit, pay to that person or credit to him in such bank as he thinks fit-
(i) a sum equal to the aggregate amount of the purchase price of the certificates forfeited;
(ii) (in the case of any of the said certificates which the person concerned has purchased or held, or in which he has had an interest, when he was not entitled so to do under regulation 4 of these regula- tions) such sum, not exceeding the amount of increment which had accrued due in respect of that certificate immediately before the forfeiture thereof, as the Accountant-General may determine;
(iii) (in the case of any of the said certificates which the person concerned has purchased or held, or in which he has had an interest, in contravention of regulation 6 of these regulations) interest, at such rate not exceeding three per centum per annum as the Accountant-General thinks fit, on a sum equal to the purchase price of that certificate, being interest computed in such manner as the Accountant-General, may direct.
(2) For the purposes of the foregoing provisions of this regula- tion, a multiple certificate shall be taken to be such number of unit certificates as is represented by the multiple certificate.
(8) Notice of any forfeiture under this regulation shall be sent to the person concerned as soon as may be, and the Accountant- General may require any certificate which might be or is affected to be delivered up to him for the purpose of being either cancelled or altered or otherwise dealt with, as may be necessary to give effect to the provisions of this regulation.
21.-(1) Where any document is required by the Accountant- General or by these regulations to be signed by any person and that person is unable to write in Roman characters, his mark must be affixed to the said document in the presence of a witness approved by the Accountant-General. The witness to the affixing of such mark to the document must certify that such document has been audibly, clearly and distinctly read over to the said person in the presence and hearing of the witness and that the said person appeared perfectly to understand the contents of the document before he made his mark thereto in the presence of the witness.
(2) A person's mark shall be the impression of his right or of his left thumb as may be required by the Accountant-General.
22. (1) Any mistake in any document received from the Accountant-General in pursuance of these regulations shall, as soon as practicable, be notified in writing to him by the person receiving the document.
(2) If the Accountant-General is satisfied that any transaction effected or thing done, or purporting to have been effected or done, in accordance with these regulations has been effected or done in error, he may cancel the transaction and may take all such steps in his opinion, necessary to rectify the erorr, and may for that purpose require the surrender to him of any certificate or other document.
as are,
Notice of trust not
Accontant-
23. Subject to the provisions of these regulations, no notice of a trust shall be receivable by the Accountant-General in respect of a receivable by certificate, and neither the Accountant-General nor any person acquir. ing any interest in a certificate shall, by reason that the certificate is held in the name of any person as trustee (whether jointly with any other person or solely), be affected with notice of any trust or of the fiduciary character of the holder or of any fiduciary obligation attach- ing to the holding of the certificate.
General in respect of certificates.