SCHEDULE

PART 2Consequential amendments of primary legislation

Miscellaneous Financial Provisions Act 1955

14.

(1)

Section 5 of the Miscellaneous Financial Provisions Act 195529 (unclaimed dividends etc. on Government stock) is amended as follows.

(2)

For “the Bank”, wherever occurring, there is substituted “the Registrar of Government Stock”.

(3)

For subsection (4) there is substituted—

“(4)

Where the Registrar of Government Stock makes a payment under subsection (2) of this section in respect of any moneys due on Government stock, and afterwards pays those moneys to the person entitled, the amount paid to the National Debt Commissioners in respect of those moneys shall be repaid by them to the Registrar of Government Stock.”.

(4)

In subsection (8), for “the Bank's” there is substituted “the Registrar of Government Stock's”.

(5)

Subsection (10) is omitted.