Restriction on grant of certificates under this Part
OF THE LIABILITY OF AN EXECUTOR OR ADMINISTRATOR FOR DEVASTATION
A succession certificate (hereinafter in this Part referred to as a certificate) shall not be granted under this Part with respect to any debt or security to which a right is required by section 212 or section 213 to be established by letters of administration or probate:
For the purposes of this Part, "security" means-
any promissory note, debenture, stock or other security of the Government 41[* * *]; 42[* * *]
any stock or debenture of, or share in, a company or other incorporated institution;
any debenture or other security for money issued by, or on behalf of, a local authority;
any other security which the Government may, by notification in the official Gazette, declare to be a security for the purposes of this Part.
Explanation
Provided that nothing contained in this section shall be deemed to prevent the grant of a certificate to any person claiming to be entitled to the effects of a deceased Bangladesh Christian, or to any part thereof, with respect to any debt or security, by reason that a right thereto can be established by letters of administration under this Act.