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National Debt Act 1870

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This is the original version (as it was originally enacted).

PART IPRELIMINARY

1Short title.

This Act may be cited as The National Debt Act, 1870

2Division of Act into parts.

This Act is divided into parts as follows :—

  • Part I—Preliminary.

  • Part II—Denominations and Incidents of Stock.

  • Part III—Payment of Dividends.

  • Part IV—Transfer.

  • Part V—Stock Certificates.

  • Part VI—Transfer between England and Ireland.

  • Part VII—Unclaimed Dividends.

  • Part VIII—Miscellaneous.

3Interpretation of terms.

In this Act—

  • " The Bank of England " means the Governor and Company of the Bank of England, and includes their successors:

  • " The Bank of Ireland " means the Governor and Company of the Bank of Ireland, and includes their successors :

  • " 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:

  • " Stockholder " means a person holding stock, being entered as proprietor thereof in the books of the Bank of England or of Ireland:

  • " Warrant " includes draft, order, cheque, or other document used as a medium for payment of dividends :

  • " Accountant General " includes chief accountant:

  • " The Treasury " means the Commissioners of Her Majesty's Treasury, or two of them :

  • " The National Debt Commissioners " means the Commissioners for the Reduction of the National Debt:

  • " 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 :

  • " Representatives " means executors, administrators, or successors, and assigns.

4Effect of schedules.

The schedules to this Act shall he deemed part of this Act.

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