Section 5, Kerala Stamp Act, 1959 [S2F-8QE]
As at 7 September 2026. In force from 3 June 1960 by No. 492/1960 [N12-SJ1].
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 6, Kerala Stamp Act, 1959 [S2F-8RG], 23 April 1959, Band A. "section 5".
Not held (0)
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Duties published under this section (0)
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