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Pensions Commutation Act 1871

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This is the original version (as it was originally enacted).

  1. Introductory Text

  2. Short title.

    1. 1.This Act may he cited for all purposes as "The...

  3. Definition of terms.

    1. 2.In this Act— The term " the Treasury " means...

  4. Application of Act.

    1. 3.This Act shall apply only— (1) To officers in Her...

  5. Power to Treasury to commute pensions.

    1. 4.It shall be lawful for the Treasury, in accordance with...

  6. Commutation board constituted.

    1. 5.There shall be constituted for the purpose of advising on...

  7. Payment of commutation moneys.

    1. 6.The Commissioners for the Reduction of the National Debt, with...

  8. Power to Treasury to make regulations.

    1. 7.Subject to the provisions of this Act, the Treasury may...

  9. Moneys paid for commutation of pensions to be repaid by annuities.

    1. 8.An account shall be made up annually of the amount...

  10. Penalty on persons making false declarations.

    1. 9.If any applicant for commutation under this Act wilfully make...

  11. Deduction from salary to be made where pension-holder takes office

    1. 10.If any pension-holder whose pension has been commuted in pursuance...

  12. Consolidated Fund to repay advances to Commissioners if necessary.

    1. 11.If at any time it appear desirable to the Treasury...

  13. Commutation annuities to be applied to repay issues from the Consolidated Fund.

    1. 12.When an issue has been made as aforesaid out of...

  14. Temporary Provisions and Repeal

    1. Continuance of existing members of commutation board, and of existing regulations.

      1. 13.The persons who at the time of the passing of...

    2. Repeal of 32 & 33 Vict, c.32 and 33 & 34 Vict. c.101.

      1. 14."The Pensions Commutation Act, 1869,'' and the Act of the...

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