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Finance (No. 2) Act 1931

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This is the original version (as it was originally enacted).

18Saving for statutory powers with respect to National Debt, including powers of Treasury as to arrangements with non-residents

The provisions of this Part of this Act shall be in addition to and not in substitution for the provisions of any other Act conferring- powers with respect to the National Debt, and in particular the coming into operation of this Part of this Act shall not prevent the Treasury from making and carrying out arrangements under section sixty of the Finance Act, 1916, with persons who are for the time being not ordinarily resident in the United Kingdom for the surrender of stock or bonds of the Loan and the issue in lieu thereof of other securities.

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