--(1) Where in an action to enforce any debentures or debenture stock an order is made for payment in respect of any debentures or stock, the receiver must not make any payment unless either-
----(a) there is produced to him a certificate under rule 75.5(2); or
----(b) the court has directed that the payment be made without such certificate.
--(2) The person entitled to receive payment must produce the debenture or debenture stock certificate to the attorney-at-law for the claimant or such other person as the court may direct.
--(3) The attorney-at-law or such other person must-
----(a) endorse on the debenture or debenture stock certificate a memorandum of payment;
----(b) make and sign a certificate that the statement set out in the certificate has been endorsed on the debenture or debenture stock certificate; and
----(c) send the certificate to the receiver.
Notes
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