SCHEDULES

SCHEDULE 8U.K. Transitional Provisions and Savings

Part IIU.K. Provisions and Savings Coming into Force on Transfer Date

30(1)Any certificate issued or other thing done in pursuance of any regulation made or having effect as if made under section 21 of the 1972 Act which is in force or effective immediately before the transfer date shall have effect as if issued or done in pursuance of the corresponding enactment, regulation or rule relating to securities issued under the M1National Loans Act 1968.U.K.

(2)Any agreement made, transaction effected or other thing done in relation to any British Gas 3% Guaranteed Stock, 1990-95 which is in force or effective immediately before the transfer date shall have effect as if made, effected or done in relation to that Stock as renamed under subsection (3) of that section and, accordingly, references to that Stock in any agreement (whether or not in writing) or in any deed, bond, instrument or other document whatsoever shall be taken as referring to that Stock as so renamed.

(3)In this paragraph “British Gas Stock” has the same meaning as in section 50 of this Act.

Marginal Citations