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1. In section 3 of the National Debt Act 1870(1), for the definition of “Stockholder” there shall be substituted—
““Stockholder” means a person holding stock, being entered as such in—
a register kept by the Bank of England or the Bank of Ireland under regulation 1 of the Government Stock Regulations 1965; or
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):”.
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