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of <h1>Redemption of Special Bearer Bonds, 1991, must be paid by account payee cheque or bank draft only under Section 13.</h1> The amount payable on redemption of Special Bearer Bonds, 1991, must be paid exclusively by an account payee cheque or account payee bank draft drawn in the name of the person entitled to receive the payment. This provision overrides any other law to ensure the mode of repayment prevents tax evasion.
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