National Loans Act 1968

22 Interpretation.U.K.

(1)In this Act [F1“local loans” has the meaning] given by section 3 of this Act.

(2)Any provision in this Act, or in the Acts amended by this Act, charging payments on the National Loans Fund “with recourse to” the Consolidated Fund shall be construed as a requirement that the payment, if it is not made out of the National Loans Fund, shall be charged on and paid out of the Consolidated Fund.

(3)In this Act “securities of Her Majesty’s Government in the United Kingdom” includes national savings certificates and premium savings bonds but does not include securities issued under—

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2,

the M1Irish Land Act 1903,

the M2Irish Land Act 1909,

the M3Northern Ireland Land Act 1925.

(4)Any reference in this Act to any enactment includes a reference to that enactment as amended by any other Act including this Act.

Textual Amendments

Modifications etc. (not altering text)

C2S. 22(2) applied (26.3.2015) by Finance Act 2015 (c. 11), s. 124(3)(7)

Marginal Citations