Part XI Miscellaneous and General Provisions

Application of enactments

392 The Stock Transfer Act 1982.

(1)

In Schedule 1 to the M1Stock Transfer Act 1982 (specified securities) paragraph 7 (securities issued by local authorities etc) shall be amended as follows.

(2)

In sub-paragraph (1), at the end of paragraph (ba) there shall be inserted “ or ” and paragraph (c) (which relates to the Receiver for the Metropolitan Police District) and the word “or” immediately preceding it shall cease to have effect.

(3)

In sub-paragraph (2) (which defines “local authority”) in paragraph (a)—

(a)

after “namely,” there shall be inserted “ the Greater London Authority, ”; and

(b)

after “Common Council of the City of London” there shall be inserted “ , a functional body (within the meaning of the Greater London Authority Act 1999), ”.