1. Introductory Text

  2. Title, commencement and interpretation

    1. 1.(1) These regulations may be cited as the Local Authority...

  3. Issue of stock and bonds

    1. 2.A local authority who propose to raise money by the...

    2. 3.(1) Bonds issued by a local authority shall, subject to...

  4. Conversion of other securities

    1. 4.(1) Where a local authority has raised money by means...

  5. Register of stock and bonds

    1. 5.(1) The registrar shall keep a register relating to each...

  6. Certificates

    1. 6.(1) The registrar shall issue to every person whose name...

  7. Transfer and transmission

    1. 7.Stock or bonds shall be transferable by instrument in writing...

    2. 8.The registrar may decline to give effect to a transfer...

    3. 9.(1) Any stock or bonds entered in a register in...

    4. 10.(1) A person becoming entitled to any stock or bonds...

    5. 11.The certification by the registrar of a transfer of any...

    6. 12.Where a person executes an instrument relating to stock or...

    7. 13.(1) The transferor of any stock or bonds shall remain...

  8. Trustees and persons holding offices

    1. 14.(1) The registrar may enter in the register such designation...

  9. Payment of interest and redemption

    1. 15.(1) A local authority who issue stock or bonds shall...

    2. 16.(1) The registrar, with the approval of the local authority...

    3. 17.Subject to the provisions of regulation 3(2) above stock and...

    4. 18.(1) Unless the holder of any stock or bonds otherwise...

    5. 19.Any stock or bonds redeemed by the registrar shall thereupon...

  10. Unclaimed redemption money and interest

    1. 20.(1) Subject to paragraph (2) below if—

  11. Rectification of the register

    1. 21.(1) If the name of any person is without sufficient...

  12. Appointment of Receiver

    1. 22.(1) Except as provided in paragraph (2) below, if at...

  13. Revocation

    1. 23.(1) The regulations specified in the Schedule hereto are hereby...

  14. Signature

    1. SCHEDULE

  16. Explanatory Note