Government Annuities Act 1929

SCHEDULES.

Section 9.

FIRST SCHEDULE Dates on which First Quarterly Payments of Annuities are to be made

Where the purchase of an annuity has been completed between the dates mentioned in the first column of the following table the date for the first quarterly payment shall be that mentioned in the second column of that table.

Between the closing of the stock transfer books of the Bank of England under section twenty-eight of the National Debt Act, 1870, in the month of December and the last day of February.	The fifth day of April next following the date of purchase.
Between such closing in the month of March and the last day of May.	The fifth day of July next following the date of purchase.
Between such closing in the month of June and the last day of August.	The fifth day of October next following the date of purchase.
Between such closing in the month of September and the last day of November.	The fifth day of January next following the date of purchase.

For the purpose of this Schedule a purchase shall be deemed to be completed—

(i) in the case of an annuity to which Part I of this Act applies, by the transfer of the stock or annuities or the payment of the money accepted as consideration therefor; and

(ii) in the case of a savings bank annuity by the actual payment of the purchase money.

Section 36.

SECOND SCHEDULE Enactments repealed

PART I

Session and Chapter.	Short Title.	Extent of Repeal.
48 Geo. 3. c. 142.	The Life Annuities Act, 1808.	Sections twenty-one, twenty three, and twenty-eight.
10 Geo. 4. c. 24.	The Government Annuities Act, 1829.	The whole Act.
11 Geo. 4. & 1 Will. 4. c. 26.	The Government Annuities Act, 1830.	Sections six and nine so far as they relate to annuities under the Government Annuities Act, 1829.
2 & 3 Will. 4. c. 59.	The Government Annuities Act, 1832.	The whole Act.
3 & 4 Will. 4. c. 24.	The Government Annuities Act, 1833.	The whole Act.
1 Will. 4. & 1 Vict. c. 84.	The Forgery Act, 1837.	The whole Act.
1 & 2 Vict. c. 51.	The Government Annuities Act, 1838.	Sections eleven and twelve, except so far as they relate to savings bank annuities, and sections thirteen and fourteen.
33 & 34 Vict. c. c. 71.	The National Debt Act, 1870.	Section fifty, section sixty eight from " In the enactment described " to the end of the section, and Parts III. and IV. of the Second Schedule so far as unrepealed.
36 & 37 Vict. c. 44.	The Government Annuities Act, 1873.	The whole Act, except so far as it relates to savings bank annuities.
51 & 52 Vict. c. 15.	The National Debt (Supplemental) Act, 1888.	Sections one and two.
61 & 62 Vict. c. 46.	The Revenue Act, 1898.	Section eighteen.
3 Edw. 7. c. 46.	The Revenue Act, 1903.	Section fifteen, and, so far as it relates to annuities granted under the Government Annuities Act, 1829, section sixteen.
5 & 6 Geo. 5. c. 62.	The Finance Act, 1915.	Subsection (2) of section twenty-five.

PART II

Session and Chapter.	Short Title.	Extent of Repeal.
1 & 2 Vict. c. 51.	The Government Annuities Act, 1838.	Sections eleven and twelve so far as they relate to savings bank annuities.
16 & 17 Vict. c. 45.	The Government Annuities Act, 1853.	The whole Act.
27 & 28 Vict. c. 43.	The Government Annuities Act, 1864.	The whole Act.
36 & 37 Vict. c. 44.	The Government Annuities Act, 1873.	The whole Act so far as it relates to savings bank annuities.
45 & 46 Vict. c. 51.	The Government Annuities Act, 1882.	The whole Act.
46 & 47 Vict. c. 47.	The Provident Nominations and Small Intestacies Act, 1883.	In section three the words " and subhead (e) of section " six of the Government " Annuities Act, 1882."
50 & 51 Vict. c. 40.	The Savings Banks Act, 1887.	In section eight the words " and of the Government " Annuities Act, 1882."
		Section nine.
3 Edw. 7. c. 46.	The Revenue Act, 1903.	Section sixteen so far as it relates to savings bank annuities.
14 & 15 Geo. 5. c. 21.	The Finance Act, 1924.	Section thirty-nine.

PART III

Session and Chapter.	Short Title.	Extent of Repeal.
27 & 28 Vict. c. 46.	The Government Annuities (Investments) Act, 1864.	The whole Act.
50 & 51 Vict. c. 40.	The Savings Banks Act, 1887.	Section twelve from " the " Government Annuities " Acts, 1829 to 1882 " to the end of the section.
		In section thirteen the words " and the Government " Annuities Acts, 1829 to " 1887."

Section 36.

THIRD SCHEDULE

PART I Modifications with respect to Annuities granted before the Twenty-eighth day of June, Eighteen hundred and eighty-eight

The annuities shall continue payable half-yearly on the fifth day of January and on the fifth day of July, or on the fifth day of April and the tenth day of October, in each year, as the case may be, and references to quarterly days of payment and quarterly arrears shall be construed as references to such half-yearly days of payment and half-yearly arrears.

No such annuity shall be added to or treated as one with an annuity granted after the 27th day of June, 1888, and depending on the life of the same nominee, but a power of attorney with respect to any such annuity shall be in force with respect to any annuity granted after the 27th day of June, 1888, and depending on the life of the same nominee and standing in the same name or names in the books of the Commissioners.

The date at which the fourth part of the annuity payable under subsection (3) of section nine of this Act is to be payable shall be the half-yearly day of payment next succeeding the death of the deceased nominee:

Provided that the payment may if the Commissioners think fit be paid at any time after the expiration of thirty days after proof of the death of the nominee.

PART II Modifications with respect to Savings Banks Annuities granted before the Eleventh day of October, Nineteen hundred and twenty-four

The annuities shall continue payable half-yearly on the fifth day of January and on the fifth day of July, or on the fifth day of April and the tenth day of October in each year, as the case may be; and references to quarterly days of payment and quarterly arrears shall be construed as references to such half-yearly days of payment and half yearly .arrears.