Forfeiture of stock
9.—(1) If any person purchases any stock in contravention of the last preceding Regulation, the amount of the excess shall be forfeited:
(2) Notice of any forfeiture under this Regulation shall be sent to the person concerned as soon as may be, and the Director of Savings may require any certificate or subscription book for any stock which is or might be affected to be delivered up to him for the purpose of being either cancelled or altered or otherwise dealt with, as may be necessary to give effect to the provisions of this Regulation.