Where any Government stock is transferred by virtue of section forty-eight of the M1Finance (No. 2) Act 1915, on the authority of any probate, confirmation, or letters of administration, or by virtue of this Act on the authority of any order or decree of any court, the Bank of England [F1, the Registrar of Government Stock, any previous Registrar of Government Stock]F2. . ., the National Debt Commissioners, the [F3Director of Savings], [F4the Operator of any relevant system]or the savings bank authority, as the case may be, shall be indemnified and protected, notwithstanding any defect or circumstance whatsoever affecting the validity of such probate, confirmation, or letters of administration, or of such order or decree [F5and in this section “Operator” and “relevant system” have the same meanings as they have in the Uncertificated Securities Regulations 2001].
Textual Amendments
F1Words in s. 67 inserted (1.7.2004) by The Government Stock (Consequential and Transitional Provision) (No. 2) Order 2004 (S.I. 2004/1662), art. 1, Sch. para. 1Sch. para. 9(4) (with art. 3)
F2Words in s. 67 repealed (28.10.2002) by S.I. 2002/2521, arts. 1(2), 10(2), Sch. 2 Pt. I
F3Words substituted by Post Office Act 1969 (c. 48), s. 108(1)(b)
F4Words in s. 67 inserted (26.11.2001) by S.I. 2001/3755, reg. 51, Sch. 7 Pt. I para. 4(a) (with regs. 39, 45)
F5Words in s. 67 added (26.11.2001) by S.I. 2001/3755, reg. 51, Sch. 7 Pt. I para. 4(b) (with regs. 39, 45)
Marginal Citations