SCHEDULE

PART 2Consequential amendments of primary legislation

National Debt (Stockholders Relief) Act 18927

1

The National Debt (Stockholders Relief) Act 189215 is amended as follows.

2

In subsection (2) of section 216 (effect of, and time for, striking balance), for “Bank” there is substituted “Registrar of Government Stock”.

3

In section 3 (infants), for “Bank” there is substituted “Registrar of Government Stock”.

4

For section 817 (application to stocks transferable in books of Bank), there is substituted—

Application to stocks transferable in registers kept by Registrar of Government Stock8

This Act shall apply to all stock for the time being transferable—

a

in the registers kept by the Registrar of Government Stock in accordance with regulations under section 47 of the Finance Act 1942 (see regulation 7 of the Government Stock Regulations 2004), or

b

in manner provided by those regulations,

except so far as there is anything to the contrary in any Act under which the stock was created.

5

Section 918 (meaning of Bank) is omitted.