Section 24: Redeemed debentures to be cancelled.

(1) Upon the repayment of the principal moneys represented by any debenture, the debenture, with all coupons thereunto belonging, shall be delivered up to the Nigeria High Commission, to be by them cancelled and disposed of in such manner as the President, or the Nigeria High Commission acting on his behalf, may decide.
(2)
Any debenture redeemed by purchase shall likewise be so cancelled and disposed of.
[1951 No. 33.)