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National Debt Act 1889

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E+W+S+N.I.

National Debt Act 1889

1889 CHAPTER 6 52 and 53 Vict

An Act to amend the Law relating to the National Debt.

[31st May 1889]

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1E+W+S+N.I.

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Amendments (Textual)

2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2E+W+S+N.I.

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Amendments (Textual)

3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3E+W+S+N.I.

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Amendments (Textual)

4 Amendment of law as to payment of dividends on stock.E+W+S+N.I.

[F4( 1 )The Treasury may from time to time make regulations for the payment of dividends on stock either by sending warrants through the post or by payment through a banker.]

(2)Where a dividend warrant is sent by post in accordance with any such regulations, the posting of the letter containing the warrant, addressed in the manner prescribed by the regulations, shall, as respects the liability of the Bank[F5, the Registrar of Government Stock or any previous Registrar of Government Stock], be equivalent to the delivery of the warrant to the stockholder.

(3)–(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F6

(6)This section shall apply to all stock of any company or corporation, funds or annuities, transferable

[F7(a)in the registers kept by the Registrar of Government Stock in accordance with regulations under section 47 of the Finance Act 1942 (see regulation 7 of the Government Stock Regulations 2004), or

(b)in manner provided by those regulations].

(7)This section shall be construed and have effect as part of the M1National Debt Act 1870.

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Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.

Amendments (Textual)

F6Ss. 3, 4(3)–(5) repealed by Statute Law Revision Act 1950 (c. 6)

Modifications etc. (not altering text)

C1S.4(1)(2) extended retrospectively by East India Loans Act 1937 (c. 14), s. 2(4)

Marginal Citations

5 Amendment of law as to signature of Exchequer and Treasury bills.E+W+S+N.I.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F8 Treasury bills shall bear the name of one of the secretaries for the time being to the Treasury, and that name may be impressed or affixed by machinery or otherwise in such manner as the Treasury from time to time direct by regulations to be laid before both Houses of Parliament.

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Amendments (Textual)

Modifications etc. (not altering text)

6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F9E+W+S+N.I.

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Amendments (Textual)

7 Short title.E+W+S+N.I.

This Act may be cited as the National Debt Act 1889.

F10F10SCHEDULEE+W+S+N.I.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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