SCHEDULES

Section 13.

SCHEDULE 5National Debt: Consequential Amendments

Bank of England Act 1861(1861 c. 3)

In section 5 (issues out of Consolidated Fund to meet dividends) for " Consolidated Fund " read " National Loans Fund ".

National Debt Act 1870(1870 c. 71)

In section 6 (charge of stock on Consolidated Fund) after " payable out of" insert " the National Loans Fund with recourse to ".

In sections 12 and 14 (issue of money to pay dividends) for " consolidated fund " read " National Loans Fund ".

Treasury Bills Act 1877(1877 c. 2)

In section 5 (charge of Treasury bills on Consolidated Fund) after " payable out of " insert " the National Loans Fund with recourse to ".

Revenue, Friendly Societies and National Debt Act 1882(1882 c. 72)

In section 18 (fractions of a penny on National Debt dividends) for " Exchequer " (before the proviso) read " National Loans Fund ".

National Debt (Conversion of Stock) Act 1884(1884 c. 23)

In section 1(5) (charge of 2 3/4 per cent. stock on Consolidated Fund) after " charged on " insert " the National Loans Fund with recourse to.

National Debt (Conversion) Act 1888(1888 c. 2)

In section 2(5) (charge of dividends on new stock on Consolidated Fund) after " charged on " insert " the National Loans Fund with recourse to.

War Loan Act 1919(1919 c. 37)

In section 1(3) (charge of securities under the Act on the Consolidated Fund) after the words " charged on " insert " the National Loans Fund with recourse to ".

In section 3(3) (payments to Commissioners of Inland Revenue in respect of securities accepted in payment of death duties) for " Consolidated Fund " read " National Loans Fund " and for " Exchequer " read " National Loans Fund ".

Government of Ireland Act 1920(1920 c. 67)

In paragraph 1 of Schedule 6 (liabilities and expenditure to which Government of Northern Ireland is to contribute, including National Debt charges) for the words from the beginning to the end of paragraph (2) read—

1National Debt charges, that is to say all charges on the National Loans Fund or the Consolidated Fund of the United Kingdom, being—

(a)charges for the service of national debt and the repayment of borrowed money, or

(b)charges to fulfil a guarantee, other than charges in respect of any guaranteed stock raised for the purpose of land purchase in Ireland.

Finance Act 1921(1921 c. 32)

In section 45(1) (sinking fund for Conversion Loan payable out of Consolidated Fund) after " issued out of " insert " the National Loans Fund, with recourse to ".

Finance Act 1934(1934 c. 32)

In section 24 (sinking fund of 3 per cent. Funding Loan 1959-69 payable out of Consolidated Fund) after " issued out of " insert " the National Loans Fund, with recourse to ".

National Loans Act 1939(1939 c. 117)

In section 3(3) (charge of securities issued under the Act on Consolidated Fund) after "issued out of" insert " the National Loans Fund with recourse to ".

Bank of England Act 1946(1946 c. 27)

In paragraph 1 of Schedule 1 (charge of government stock on Consolidated Fund) after "issued out of" insert " the National Loans Fund with recourse to ".

Coal Industry Nationalisation Act 1946(1946 c. 59)

In section 21(1) (charge of Government stock on Consolidated Fund) after " charged on " insert " the National Loans Fund with recourse to ".

In section 33(2) (expenses of issue of government stock) for " Consolidated Fund " read " National Loans Fund ".

Cable and Wireless Act 1946(1946 c. 82)

In paragraph 2 of Schedule 2 (charge of government stock on Consolidated Fund) after " issued out of" insert " the National Loans Fund with recourse to.

Miscellaneous Financial Provisions Act 1955(1955 c. 6—4 & 5 Eliz. 2.)

In section 5(9) (account to meet unclaimed dividends: payment out of Consolidated Fund and application of excess in redemption of debt) for " Consolidated Fund " read " National Loans Fund " and for the words from " applied in such manner " to the end of the subsection read " paid into the National Loans Fund ".

National Debt Act 1958(1958 c. 6—7 & 8 Eliz. 2.)

In sections 7(3), 9(3) and 10(2) (charge on Consolidated Fund of national savings certificates, securities issued in exchange and war savings certificates) after " charged on " insert " the National Loans Fund with recourse to.

In section 12(1)(a) (regulations as to raising of money through Post Office) the reference to the [1939 c. 117.] National Loans Act 1939 shall include a reference to this Act. In section 14(1) (charge on Consolidated Fund of 3 1/2% War Loan stock) after " charged on " insert " the National Loans Fund with recourse to.

Post Office Act 1961(1961 c. 15)

In section 14(1) (payment of terminable annuities out of Consolidated Fund) after " in whole out of" insert " the National Loans Fund with recourse to.

Finance Act 1961(1961 c. 36)

In section 35(2) (receipts and outgoings in respect of national savings stamps or national savings gift tokens) for " Exchequer ", and for " Consolidated Fund " read " National Loans Fund ".

In section 35(5) (unclaimed amounts) for " Consolidated Fund " read " National Loans Fund ".

Iron and Steel Act 1967(1967 c. 17)

In section 10 (government stock issued in compensation) after " charged on " insert " the National Loans Fund with recourse to.

In section 13(5), and in paragraph 5 of Schedule 6 to the 1949 Act as set out in Schedule 4 (stock charged on Consolidated Fund) before " Consolidated Fund " insert " the National Loans Fund with recourse to.

In section 26(4) (expenses in connection with issue or repayment of stock to be charged on and issued out of the Consolidated Fund) for " Consolidated Fund " read " National Loans Fund ".