32Issue of stock in exchange for Coal Commission Stock.
(1)The Treasury shall have power to issue to the National Debt Commissioners such an amount of government stock of such value on the date of issue thereof as is requisite for fulfilling any agreement made between them for the exchange of Coal Commission Stock for stock of His Majesty's Government in the United Kingdom.
(2)The Treasury may cancel any Coal Commission Stock surrendered to them in pursuance of any such agreement.