- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format. The electronic version of this UK Statutory Instrument has been contributed by Westlaw and is taken from the printed publication. Read more
11.—(1) Application to sell any stock shall be made by sending to the Director of Savings an application in writing in the approved form together with any certificate or subscription book relating to that stock.
(2) As soon as practicable after receiving an application to sell stock, the Director of Savings shall cause the sale of the stock to be effected through the Commissioners.
(3) On completion of the sale of any stock the Director of Savings shall, before paying the proceeds of the sale to the person entitled thereto, deduct the amount payable under these Regulations by way of commission on the sale.
(4) This Regulation shall apply only to stock which is of a description corresponding to stock or securities transferable in the books of the Bank of England.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: