TRANSFER AND EXCHANGE OF STOCK

19 Transfer to register of small holdings in names of deceased persons
The transfer of any stock under section 6 of the National Debt Act 1972 (which enables government stock of an amount not exceeding £1,500 to be transferred on the death of the holder from the books of the Bank of England or Bank of Ireland to the register) shall, subject to any necessary modifications be effected in like manner as an exchange of stock or securities under Regulation 17 of these Regulations, and any dividends accrued on stock transferred under the said section may be remitted to the Director of Savings in pursuance of that section by sending the dividend warrants by post to him.