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National Debt Act 1870

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3 Interpretation of terms.U.K.

In this Act—

  • F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  • 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:

[F2“Stockholder” means a person holding stock, being entered as such in—

(a)

[F3a 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:

  • F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  • F4......

  • 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:

  • [F5“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.

Textual Amendments

F2S. 3: definition of “Stockholder” substituted (26.11.2001) by S.I. 2001/3755, reg. 51, Sch. 7 Pt. I para. 1 (with regs. 39, 45)

Modifications etc. (not altering text)

C1Functions of (a) Court of Chancery in England now exercisable by Chancery Division of the High Court: Supreme Court of Judicature (Consolidation) Act 1925 (c. 49), ss. 18, 56(1)(a); (b) Court of Chancery in Ireland now exercisable by High Court of Justice in Northern Ireland: Supreme Court of Judicature Act (Ireland) 1877 (c. 57), s. 71 and S.R. & O. 1921/1802 (Rev. XVI, p. 954: 1921, p. 1332), art. 2

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