3.
(1) Every application for a certificate shall be made to the Superintendent. |
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(2) No certificate shall be issued to any applicant therefor unless payment of an amount equal to the denominational value of the certificate has been made to the Superintendent by the applicant in such manner as may be approved by the Superintendent. |
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(3) The principal moneys and interest represented or secured by any certificates issued under this Act are hereby charged upon and shall be payable out of the Consolidated Fund of Ceylon. |
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