XXLife Annuities to be transferrable.
And be it further enacted, That the Right, Title, Interest, and Benefit in and to any Life Annuities which may be purchased under the Provisions of this Act, shall from Time to Time be transferable in the Books of the Governor and Company of the Bank of England, provided such Annuities be transferred entire and not in Parts or Shares : Provided also, that the original Nominee or Nominees of any Annuity shall never be varied or changed, notwithstanding any Transfer of the Right or Interest therein, in the Books of the said Governor and Company.