- Latest available (Revised)
- Original (As enacted)
There are currently no known outstanding effects for the Administrative and Financial Provisions Act (Northern Ireland) 1964, Section 3.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
(1)Where the Ministry of Finance (in this section referred to as “the Ministry” ) in exercise of the power conferred on it by section 11(1)( c) of the Exchequer and Financial Provisions Act (Northern Ireland) 1950 M1 by order creates, or has by order created, any security to which this section applies, the Ministry may by regulations make provision for such matters relating to the administration of that security as to the Ministry may appear proper.
(2)Without prejudice to the generality of subsection (1), regulations made thereunder may make provision for any matter for which provision may be made by the Treasury of the United Kingdom under[F1 section 11 of the National Debt Act 1972 as respects money raised under the auspices of the Director of Savings]F1.
(3)Regulations made under subsection (1) with respect to any security issued prior to the commencement of this Act may amend any provision of the order by which that security was created other than a provision prescribing the rate of interest, terms of issue, or terms of redemption or repayment of that security.
(4)Regulations made under sub-section (1) may contain a provision directing that all or any of those regulations shall, with such modifications as appear necessary or expedient, apply and be deemed always to have applied as respects any securities specified in the regulations which were issued before the date on which the regulations come into force as they apply to securities issued after that date.
(5)This section applies to any non-transferable security F2... the register of which is maintained only by the Ministry, and for the purposes of this subsection a security which may be transferred only with the consent of the Ministry is a non-transferable security.
(6)Regulations made under subsection (1) shall be subject to negative resolution.
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.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.