Section 5, Indian Stamp Act, 1899 [S15-G5F]

As at 6 September 2026. In force from 21 August 1899.

In Indian Stamp Act, 1899 [A10-6Q4]. This text from 21 August 1899. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 5, Indian Stamp Act, 1899 [S15-G5F]. Machine: S15-G5F.

5. Prohibition of the holding of securities in dematerialised form without licence.—No person shall undertake the holding of securities in dematerialised form except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the holding of securities in dematerialised form undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 18, Indian Stamp Act, 1899 [S15-GJ4], 21 August 1899, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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