All Scheduled Banks and NBFIs

Dear Sirs,

Amendment in Bearer National Fund Bonds Rule 1985

The Federal Government vide its Notification dated 3rd December 2003 (Copy enclosed) has omitted Rule 3-A of Bearer National Fund Bonds 1985 which read as under: -

Rule 3-A “No claim of any nature will be entertained in case any
(BNFB Rules 1985 Bond is lost, stolen, destroyed, mutilated or burnt”.
Amended 1992)


After omission of the above Rules, the holders of Bearer National Fund Bonds shall be able to lodge a claim for issuance of duplicate certificates in lieu of lost, stolen, destroyed, mutilated or burnt certificates as per procedure specified in Public Debt Act, 1944 and Public Debt Rules, 1946.