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National Loans Act 1968

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Status:

Point in time view as at 05/11/1993. This version of this cross heading contains provisions that are not valid for this point in time. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the National Loans Act 1968, Paragraph 3. Help about Changes to Legislation

Yn ddilys o 15/11/1999

[F13(1)For the purposes of exercising their functions with regard to the Debt Management Account the Treasury may—U.K.

(a)acquire (and arrange to acquire) and hold securities issued under section 12 of this Act, Treasury bills issued under the M1Treasury Bills Act 1877, and other financial instruments (by whatever person issued);

(b)transfer (and arrange to transfer) such securities, bills and other instruments.

(2)Acquisitions under sub-paragraph (1)(a) above may be made on issue or otherwise.

(3)Acquisitions, transfers and arrangements under sub-paragraph (1)(a) and (b) above may be made on such terms as the Treasury think fit.]

Textual Amendments

F1Sch. 5A inserted (15.11.1999 subject to arts. 5-7 of S.I. 1999/2908) by 1998 c. 36, s. 160, Sch. 26 para. 1(3); S.I. 1999/2908, arts. 1, 2

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