National Debt Act 1870

2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Interpretation of terms.

4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Denominations and Incidents of Stock

5 Continuance of existing permanent funded debt on existing terms.

6 Stock charged on consolidated fund.

7—10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 Annuities to be several joint stocks.

Payment of Dividends

12 Money for payment to be issuable.

13 Banks to have chief cashier and accountant general.

14 Issue by Treasury.

15 Application of issues by cashier.

16 Accounting by cashier, &c.

17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20–21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IV–Part V

22-42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

43—50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Unclaimed Dividends

51—53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

54 Subsequent dividends on stock transferred to be invested, &c.

55 Re-transfer and payment to person showing title.

56–57. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

58 Application to court to rescind order.

59 Bank not responsible to second claimant.

60 Order in favour of second claimant showing title.

61–63. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

65. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

66 Indemnity to Banks.

67 Application of this part to stock already transferred, &c.

68. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

69. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

70. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

71. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

72. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

73. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

74 Protection to Banks.

THE FIRST SCHEDULE

Stocks; Dividend Days; Redemption

SECOND SCHEDULE

National Debt Act 1870

1870 c.71

An Act for consolidating, with Amendments, certain Enactments relating to the National Debt.

[9th August 1870]C1 C2 C3

Annotations:

Modifications etc. (not altering text)

C1

Act extended by National Debt (Conversion) Act 1888 (c. 2), s. 2(5); Tithe Act 1936 (c. 43), s. 24(7); Bank of England Act 1946 (c. 27), Sch. 1 para. 11; Coal Industry Nationalisation Act 1946 (c. 59), s. 33(7) and National Loans Act 1968 (c. 13), s. 16(4)

C2

Power to extend Act with modifications conferred by National Debt Act 1972 (c. 65), s. 3(2)

C3

Preamble omitted under authority of Statute Law Revision (No. 2) Act 1893 (c. 54)