National Loans Act 1968

1. Introductory Text

2. 1. The National Loans Fund

3. Government lending

   1. 2. Substitution of National Loans Fund for Consolidated Fund in scheduled enactments

   2. 3. Local loans

   3. 4. Power to make local loans

   4. 5. Rates of interest

   5. 6. Rates of interest on local loans

4. Use of National Loans Fund for other purposes

   1. 7. Exchange Equalisation Account

   2. 8. Government annuities

   3. 9. Profits of note issue

5. Payments to be made out of Votes

   1. 10. Payments to be made out of Votes and not out of Consolidated Fund

6. Payments under Planning Acts

   1. 11. Payments under Planning Acts

7. National debt

   1. 12. Power of Treasury to borrow

   2. 13. Existing national debt

   3. 14. Exchange of securities, etc.

   4. 15. Payments out of Consolidated Fund for service of national debt

   5. 16. Supplemental provisions as to national debt

   6. 17. Repeal of provisions for paying off debt, or applying sums to meet interest charges

8. Relations of the two Funds

   1. 18. Daily balancing of Consolidated Fund

   2. 19. Liabilities and assets of National Loans Fund

   3. 20. Power to substitute National Loans Fund for Consolidated Fund in existing Acts

9. Supplemental

   1. 21. Audit and accounts

   2. 22. Interpretation

   3. 23. Application to Northern Ireland

   4. 24. Short title, repeals and commencement

10. SCHEDULES

    1. SCHEDULE 1

       Government Lending and Advances

    2. SCHEDULE 2

       International Monetary and Financial Agreements

       1. Bretton Woods Agreements Act 1945

          (1945 c. 19—9 & 10 Geo. 6.)

       2. European Monetary Agreement Act 1959

          (1959 c. 11)

       3. International Development Association Act 1960

          (1960 c. 35)

    3. SCHEDULE 3

       Local Loans to be extinguished

       1. PART I Loans to be written off and extinguished

       2. PART II Loans already written off to be extinguished

    4. SCHEDULE 4

       Local Loans

       1. 1. Loans to any local authority for any purpose for which...

       2. 2. Loans to any authority in Great Britain under— Section 3...

       3. 3. Loans to any person under section 78 of the Housing...

    5. SCHEDULE 5

       National Debt: Consequential Amendments

       1. Bank of England Act 1861

          (1861 c. 3)

       2. National Debt Act 1870

          (1870 c. 71)

       3. Treasury Bills Act 1877

          (1877 c. 2)

       4. Revenue, Friendly Societies and National Debt Act 1882

          (1882 c. 72)

       5. National Debt (Conversion of Stock) Act 1884

          (1884 c. 23)

       6. National Debt (Conversion) Act 1888

          (1888 c. 2)

       7. War Loan Act 1919

          (1919 c. 37)

       8. Government of Ireland Act 1920

          (1920 c. 67)

       9. Finance Act 1921

          (1921 c. 32)

       10. Finance Act 1934

           (1934 c. 32)

       11. National Loans Act 1939

           (1939 c. 117)

       12. Bank of England Act 1946

           (1946 c. 27)

       13. Coal Industry Nationalisation Act 1946

           (1946 c. 59)

       14. Cable and Wireless Act 1946

           (1946 c. 82)

       15. Miscellaneous Financial Provisions Act 1955

           (1955 c. 6—4 & 5 Eliz. 2.)

       16. National Debt Act 1958

           (1958 c. 6—7 & 8 Eliz. 2.)

       17. Post Office Act 1961

           (1961 c. 15)

       18. Finance Act 1961

           (1961 c. 36)

       19. Iron and Steel Act 1967

           (1967 c. 17)

    6. SCHEDULE 6

       Repeals

       1. PART I General

       2. PART II Public Works Loans