National Debt Act 1870

PART I PRELIMINARY

1 Short title.

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

2 Division 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.

3 Interpretation 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.

4 Effect of schedules.

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