Part I
Preliminary
1 Short title.
This Act may be cited as “The National Debt Act 1870.”
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C13 Interpretation of terms.
In this Act—
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“Stock” means the several capital or joint stocks of perpetual annuities described in the first schedule to this Act, and includes any share or interest therein respectively:
F3“Stockholder” means a person holding stock, being entered as such in—
- a
F6a register kept by the Registrar of Government Stock in accordance with regulations under section 47 of the Finance Act 1942 (see regulation 7 of the Government Stock Regulations 2004); or
- b
a register kept by the Operator of a relevant system under the Uncertificated Securities Regulations 2001 (and “Operator” and “relevant system” shall have the same meanings as they have in those Regulations):
“Warrant” includes draft, order, cheque, or other document used as a medium for payment of dividends:
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“The Consolidated Fund” means the consolidated fund of the United Kingdom of Great Britain and Ireland:
“The Court of Chancery” means the Court of Chancery in England or the Court of Chancery in Ireland as the case requires:
“Person” includes corporation:
F7“the Registrar of Government Stock” means the person or persons appointed in accordance with regulations under section 47(1)(b) of the Finance Act 1942 (see regulation 3 of the Government Stock Regulations 2004):
“Representatives” means executors, administrators, or successors and assigns.