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Life Annuities Act 1808

1808 CHAPTER 142

An Act for enabling the Commissioners for the Reduction of. the National Debt, to grant Life Annuities.

[2nd July 1808]

WHEREAS by several Acts passed in the Reign of His present Majesty, videlicet, an [26 G. 3. c. 31.] Act passed in the Twenty-sixth Year of His Majesty, intituled, An Act for vesting certain Sums in Commissioners at the End of every Quarter of a Year, to be by them applied to the Reduction of the National Debt ; an [32 G. 3. c. 55.] Act passed in the Thirty-second Year of His Majesty, intituled, An Act to render more effectual an Act made in the Twenty-sixth Year of His present Majesty's Reign, intituled, An Act for vesting certain Sums in Commissioners at the End of every Quarter of a Year, to be by them applied to the Reduction of the National Debt; and to direct the Application of an additional Sum to the Reduction of the said Debt, in case of future Loans ; and an [42 G. 3. c. 71.] Act passed in the Forty-second Year of His Majesty, intituled, An Act to amend and render more effectual Two Acts passed in the Twenty-sixth and Thirty-second Years of the Reign of His present Majesty for the Reduction of the National Debt; certain Provisions Were made for the Establishment and Regulation of the Funds therein created or directed to be created for the Redemption of the National Debt, commonly called The Sinking Fund: And whereas it would tend to a more speedy and efficient Reduction of the National Debt, if the Commissioners for the Reduction of the laid Debt were enabled, under certain Limitations and Redactions, to grant Life Annuities, charged upon and payable out of the Funds created as aforesaid for the Redemption of the National Debt, in Consideration of the Transfer to them of Three bounds per Centum Consolidated or Reduced Bank Annuities; and it is therefore expedient that the Provisions of the laid recited Acts, relating to the Redemption of the National Debt, mould be varied and amended in so far as may be necessary for carrying the said Measure into Effect, and as herein-after expressed;

be it therefore enacted by the King's most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same,

Commissioners for Reduction of National Debt empowered to accept Transfers for the Purchase of Life Annuities.

That notwithstanding any Thing in the said recited Ads, or any of them, contained to the contrary thereof, it shall be lawful for the Commissioners for the Reduction of the National Debt, at any Time from and after the First Day of August One thousand eight hundred and eight, to accept arid receive from any Person or Persons whomsoever, the Transfer of any Three Pounds per Centum Consolidated or Reduced Bank Annuities, as the Consideration for the Purchase of Life Annuities, to be charged upon and payable out of the Funds created as aforesaid, for the Redemption of' the National Debt, commonly called The Sinking Fund, either on the Continuance of single Lives, or on the Continuance of Two Lives, and the Life of the longer Liver of them, in the Manner and under the Limitations, Reflections, and Regulations herein-after expressed: Provided always, that if it shall appear to the said Commissioners that such Transfers cannot conveniently be received until after some Day subsequent to the said First Day of August, it shall be lawful for them to appoint some other Day after the said First Day of August, and prior to the Tenth Day of October One thousand eight hundred and eight, giving Notice in the London Gazette of the Day so appointed by them, after which such Transfers may be received.

IIAllowing the domination of Lives.

And be it further enacted, That all and every Persons or Person who shall be desirous of purchasing under the Provisions of this Act, a Life Annuity on the Continuance of a single Life, mall be at Liberty to name any Person to be the Nominee, on the Continuance of whole Life the said Annuity is to depend; and all and every Persons or Person who shall be desirous of purchasing a Life Annuity on the Continuance of the Lives of Two Persons, and of the Life of the longer Liver of them, shall be at Liberty to name any Two Persons to be the Nominees, On the Continuance of whose Lives and of the Life of the longer Liver of them, the said Annuity is to depend : Provided always, that nothing herein contained shall be construed to prevent Persons purchasing Life Annuities under this Act, from naming themselves respectively to be the Persons on the Continuance of whose Lives such Life Annuities respectively are to depend.

IIIAge of Nominees.

Provided always, and be it further enacted, That it shall not be lawful to name any Person to be a Nominee, either for an Annuity on the Continuance of a single Life, or for an Annuity on the Continuance of Two Lives, and the Life of the longer Liver of them, who shall be under the Age of Thirty five Years at the Time of such Nomination : Provided also, that no Person who shall not be a Native of, and resident in, the United Kingdom of Great Britain and Ireland, shall be capable of being the Nominee in respect of any Life Annuity which shall be purchased by or on the Behalf of any other Person or Persons,

IVPreviously to Transfer, Parties to produce Certificates of Age of Nominees.

And be it further enacted, That before any such Bank Annuities be permitted to be transferred to; the said Commissioners for-the Reduction of the National Debt, for the Purchase of any Life Annuity under the Provisions of this Act, a Declaration in the Form specified in, the Schedule to this Act annexed marked (A.) (hall be signed by the Person or One fl the Persons desirous of purchasing such Annuity, or by some Person on his, her, or their Behalf, and be delivered to the Officer to be appointed for that Purpose by the said Commissioners; and in case the Nominee or Nominees on whose Life or Lives such Annuity is intended to be purchased, shall have been born in the United Kingdom of Great Britain and Ireland, there shall also be produced to the said Officer a true Copy of the Register of the Birth or Baptism of such Nominee (or of each of such Nominees in case there shall be Two) and also a Certificate of the same under the Hand of the Minister of the Parish or Place where such Register shall be kept, or in the Absence of the Minister then a Certificate (wherein such Absence shall be specified) under the Hands of the Churchwardens and Overseers of such Parish or Place, or any Two of them, to be attested in both Cafes by Two or more credible Witnesses, certifying that such Copy of the Register is a true Copy ; to which Certificate shall also be annexed an Affidavit of the said Witnesses who attested the Execution thereof, or One of them, or their, his, or her solemn Affirmation (in case they or either of them shall be of the Persuasion called Quakers) to be made before any Justice of the Peace or Magistrate of the County, City, Riding, Town, or Place wherein the Place of the Birth or: Baptism of any such Nominee shall be situate, if in England or Scotland, or if in Ireland, then before One of the Barons of the Exchequer there, that such Witness or Witnesses did examine and compare the laid Copy of the Register of Birth or Baptism with the Register thereof, and did fee such Minister, or Churchwarden; and Overseers (as the Case may be) sign the said Certificate,; and that the Names of such Witnesses are. of their own proper Hand, Writing; and to the said Certificate shall also be annexed an Affidavit or solemn Affirmation made by the Purchaser of the said Annuity (or by One of, the Purchasers in case there shall be Two or more) or by some Person on his, her, or men Behalf, before any Justice of the Peace or Magistrate, if in England, of Scotland, or if in Ireland then before any One of the Barons of the Exchequer there, that the Person named and described in the Copy or Certificate of the Register of Birth or Baptism produced to the said Officer, is the same Person who is appointed to be such Nominee : fro vided always, that in all Cafes where the Copy or Certificate so produced, shall purport to be a Copy or Certificate of the Register of the Baptism only, and not of the Birth, of the Nominee, the Age of such Nominee shall for the Purposes of this Act, be calculated from the Date of such Baptism and the Amount of the Annuity to be purchased on his or her Life shall be estimated and ascertained in like Manner, in all Respects, as is such Nominee had been born on the Day expressed in the said Copy or Certificate to be the Day of his or her Baptism.

VProviding for Proof when Certificates cannot be produced.

Provided also, and be it further enacted, That in case any Nominee (being also the Person by whom or on whose Behalf an Annuity shall be purchased) shall not be a Native of the United Kingdom of Great Britain and Ireland, or in case the Birth or Baptism of any Nominee being a Native of the United Kingdom) shall not appear in the Register of the Parish where Arch Nominee shall have been born or baptised, then and in every such Case there shall be produced to the said Officer (in" lieu of such Certificates and Affidavits as aforesaid) an Affidavit or solemn Affirmation in Writing of the Age of such Nominee, together with his or her Name, "Surname, Addition, and Employment, or Occupation (if any) and Place of Abode ; and also the Place of his or her Birth, and the Names of his or her Parents, or reputed Parents, and also that the Person named and described in such Affidavit is the same Person who is appointed to be such Nominee, which Affidavit or solemn Affirmation shall be made by such Nominee, or by the Person or by one of the Persons by whom or on whose Behalf such Annuity shall be purchased, or by some other Person having Knowledge of the several Circumstances before-mentioned, in which latter case the laid Affidavit shall also be accompanied by an Affidavit, to be made by the Person or one of the Persons by whom or on whose Behalf such Annuity shall be purchased, that the Contents of such last-mentioned Affidavit are, to the best of his or her Knowledge and Belief true ; which' said Affidavits reflectively shall be taken before One or more of the Judges of any of His Majesty's Courts of Record at Westminster, if in England; or if in Scotland or Ireland, then before One or more of the Barons of the Exchequer in Scotland or Ireland respectively ; and, if such Nominee shall be a Native of Great Britain or Ireland, then in such Affidavit shall also be stated the Cause why a Certificate of the Copy of the Register of his or her Birth or Baptism cannot be produced.

VIAverage Prices of Stocks to be daily made out and transmitted to Officer.

And, for ascertaining the average Price of Bank Annuities according to which the Amount of Life Annuities purchased under the Provisions of this Act is to be regulated; be it further enacted, That the Cashier or Cashiers of the Governor and Company of the Bank of England shall and they are hereby required, on every Day on which any Three Pounds per Centum Consolidated or Reduced Bank Annuities shall have been bought at the Bank of England, to cause an Account to be made out of the average Price at which Three Pounds per Centum Consolidated and Three Pounds per Centum Reduced Bank Annuities respectively shall have been bought on such Day (or in case only One of such Stocks shall have been, bought, then the average Price of such of the said Stocks as shall have been bought on that Day) which Account shall be transmitted to the Officer to be appointed as aforesaid, for the Purpose of enabling him to ascertain and certify in the Manner herein-after directed, the respective Amounts of the Life Annuities which may be purchased under the Provisions of this Act, and shall be put up in some conspicuous Place of his Office, in order that the same may be seen by all Persons desirous of ascertaining the Price at which Stock may be transferred for the Purchase of Life Annuities.

VIIGranting a Certificate, upon the Production of which the Stock may be transferred, and the Party receive an Acquittance.

And be it further enacted, That in case it shall appear to the said Officer, that the Certificates and Affidavits so produced to him as. aforesaid are conformable to the Directions of this A ft, he shall thereupon ascertain the Amount of the Life Annuity to be payable in respect of the Bank Annuities proposed to be transferred for the Purchase thereof, and grant his Certificate in the Form expressed in the Schedule to this Act annexed marked (B.), and shall transmit to the Governor and Company of the Bank of England a Duplicate of such Certificate ; and upon the Production and Delivery at the Bank of England of the said Certificate granted to the Party by the said Officer, and upon the Transfer to the Commissioners for the Reduction of the National Debt, of the Bank Annuities to be transferred as the Consideration for the Purchase of the Life Annuity, the Purchaser or Purchasers thereof, or the Person producing the said Certificate on his, her, or their Behalf, shall be entitled to have a Certificate or Receipt from one of the Cashiers of the Governor and Company of the Bank of England acknowledging such Transfer, which Certificate or Receipt one of such Cashiers is hereby required to give in the Form prescribed in the Schedule to this Act annexed marked (C.), and which shall be an Acquittance or Discharge for the Stock so transferred : Provided always, that no Certificate granted by the said Officer, shall be valid and effectual to enable the Transfer of any Bank Annuities under the Provisions of this Ad, after the Expiration of Five Days from the Date of such Certificate.

VIIIPurchasers of Life Annuities on single Lives, to be entitled to the Annuities specified in Schedule (D).

And be it further enacted, That in every case where any such Bank Annuities shall be transferred as the Consideration for the Purchase of an Annuity on the Continuance of a single Life, the Person or Persons purchasing such Life Annuity shall, on the Transfer of the laid Bank Annuities to the said Commissioners, be entitled, according to the Age of his, her, or their Nominee, and the average Price (to be ascertained as herein-before is directed) of such Three Pounds per Centum Consolidated Bank Annuities (if the Transfer shall be made in that Stock, or if the Transfer shall be made in Three Pounds per Centum Reduced Bank Annuities, then according to the average Price of that Stock) on the Day next preceding the Day of the Date of the Certificate to be granted by such Officer as aforesaid (in case there shall have been any Sale Or Purchase at the Bank of England of Stock of the like Description as that transferred for 'the Purchase of the Annuity on such next preceding Day or otherwise on the nearest preceding Day on which there shall have been any Sale or Purchase at the Bank of England of Stock of the like Description) to receive, during the Continuance of the Life of such Nominee (whether the Person or one of the Persons purchasing such Annuity shall be the Nominee or not) for every One hundred Pounds of such Bank Annuities, and so in Proportion for any greater Sum than One hundred Pounds transferred to the said Commissioners, a Life Annuity of such annual Amount as is specified in the Table in the Schedule to this Act annexed marked (D).

IXPurchasers of Life Annuities on the Continuance of Two Lives to be entitled to the Annuities specified in Schedule (E).

And be it further enacted, That in every case where any such Bank -Annuities shall be transferred as the Consideration for the Purchase of an Annuity on the Continuance of Two Lives, and the Life of the longer Liver of them, the Person or Persons purchasing such Life Annuity, shall, on the Transfer of the said Bank Annuities to the said Commissioners, be entitled, according to the Ages of his, her, or their respective Nominees, and the average Price (to be ascertained as herein-before is directed) of such Three Pounds per Centum Consolidated Bank Annuities (if the Transfer shall be made in that Stock, or if the Transfer shall be made in Three Pounds per Centum Reduced Bank Annuities, then according to the average Price of that Stock) on the Day next preceding the Day of the Date of the Certificate to be granted by such Officer as aforesaid (in case there shall have been any Sale or Purchase at the Bank of England of Stock of the like Description as that transferred for the Purchase of the Annuity on such next preceding Day, or otherwise on the nearest preceding Day on which there shall have been any Sale or Purchase at the Bank of England of Stock of the like Description) to receive during the Continuance of the Lives of such Two Nominees, and of the Life of the longer Liver of them, (whether the Persons or Person, or one of the Persons purchasing such Annuity shall be the Nominees or one of the Nominees or not) for every One hundred Pounds of such Bank Annuities, and so in Proportion for any greater Sum than One hundred Pounds transferred to the said Commissioners, a Life Annuity of such annual Amount as is specified in the Tables in the Schedule to this Act annexed marked (E.)

XAnnuities to be accepted in the Books of the Governor and Company of the Bank of England.

Provided always, and be it further enacted, That every Life Annuity so purchased as aforesaid, shall be accepted at the Bank of England by the Person or Persons purchasing the same, or by some other Person or Persons duly authorized on his, her, or their Behalf, before he, the, or they shall be entitled to receive the same.

XIPreventing Fractions.

Provided also, and be it further enacted, That it shall not be lawful for any Person or Persons to 'transfer, for the Purchase of a Life Annuity any less Sum than One hundred Pounds, nor any fractional Part lets than One Pound of such Bank Annuities: Provided also, that in every case where the Calculation of the Amount of any Life Annuity, accord-ding to the Provisions of this Act, mail produce a Fraction less than Sixpence, the fractional Part of the said Annuity less than Sixpence shall he taken from the Amount thereof,' and shall not be inserted in the Certificate to be granted by the said Officer, or be payable at the Bank of England.

XIIAllowing Annuitants to make further Purchases on Lives of original Nomminees, without fresh Certificates.

Provided also, and be it further enacted, That whenever any Person or Persons who shall have purchased an Annuity for the Life or Lives of any Nominee or Nominees, shall be afterwards desirous. of purchasing any further Annuity or Annuities on the Life or Lives of the same Nominee or Nominees, the original Certificates and Affidavits produced at the Time of the Purchase of the first Annuity, shall be deemed sufficient to authorize the Officer to be appointed as aforesaid, and he is hereby-required from Time to Time to grant to the Person or Persons applying to him in this Behalf such Certificates as by this Act are directed, for the Purpose of enabling such Person or Persons to transfer any Bank Annuities for the Purchase of such further Life Annuity or Annuities, without his, her, or their being required to produce any fresh Certificates or Affidavits in regard to the Birth or Baptism, or other Particulars aforesaid, respecting such Nominee or Nominees; and the Certificates so to be granted by the said Officer, mail be valid and effectual to enable such Person or Persons to transfer any Bank Annuities for the Purchase of such further Life Annuity or Annuities, and to entitle him, her, or them to such Certificates and Receipts from the Cashier of the Bank of England in like Manner as if the same had been granted upon the Production of the original Certificates and Affidavits.

XIIIAnnuities on the Life of One Nominee not to exceed 1000l. nor for Two Nominees 1500l.

Provided also, and be it further enacted, That the total Amount of any Annuity or Annuities to be granted upon the Continuance of the Life of any one Nominee, whether such Nominee shall have any beneficial Interest therein or not, shall in no case except as herein-after excepted) exceed the annual Sum of One thousand Pounds, and that the total Amount of any Annuity or Annuities to be granted upon the Continuance of the Lives of any Two Nominees, and of the Life of the longer Liver of them, shall in no Cafe, except as aforesaid, exceed the annual Sum of One thousand five hundred Pounds : Provided nevertheless, that if any such Annuity or Annuities shall have been purchased in the Name or Names of any Person or Persons who shall have no beneficial Interest present, future, or contingent, direct or indirect therein, arid any such Person or Persons shall thereafter become desirous of purchasing any Annuity or Annuities bonâ fide for his, her, or their own Use and Benefit, and for his, her, or their own Lives reflectively, it shall be lawful for, such Person or Persons to prove the aforesaid Circumstances by good and legal Proof upon Affidavit, Affirmation, or otherwise, before any such Magistrate or Justice of the Peace as aforesaid, and such Affidavit or Affirmation duly certified by such Magistrate of Justice, shall be produced to the Officer appointed as aforesaid, and he shall thereupon proceed to grant his Certificate, and such Person or Persons shall be entitled to purchase any Annuity or Annuities, not exceeding the Sums aforesaid, in each case reflectively over and above, and notwithstanding any such former Annuity or Annuities before purchased in the Name or Names of such Person or Persons.

XIVPersons appointed by the Commissioners may accept Stock, arid Dividends shall be received at the Bank, and constitute Part of the Sinking Fund.

And be it further enacted, That such Person or Persons as is or are, or shall from Time to Time be nominated and appointed by the said Commissioners to accept Transfers of Stock made to them under the Provisions of the said recited Acts, or any of them, is and are hereby authorized and enabled to accept the Transfer of any Bank Annuities which shall be transferred to the said Commissioners, for the Purchase of Life Annuities under the Provisions of this Act; and that the Dividends payable from Time to Time in respect of the Bank Annuities which shall be so transferred, shall be received by the Governor and Company of the Bank of England, and be placed to the Account of the said Commissioners, and shall constitute Part of the Funds which shall from Time to Time be applicable by the said Commissioners to the Reduction of. the National Debt, by virtue of the said recited Act of the Forty-second Year of His present Majesty's Reign; and the Life Annuities so purchased, shall be charged and chargeable upon the said Funds, and shall be paid and payable at the Bank of England, in the Manner herein-after expressed and it shall be lawful for the said Governor and Company, Out of any Sums whatever, which shall have been paid to them, or carried in their Books to the Account of the said Commissioners, to set apart and retain from Time to Time so much thereof as may be necessary for paying the Life Annuities which shall from Time to Time be chargeable on the said Funds.

XVAnnuities to be payable Half-yearly.

And be it further enacted, That all Life Annuities purchased under this Act, shall be payable Half-yearly at the Bank of England, on such of the usual Half-yearly Days of Payment of Dividends, according to the respective Periods within which any Consolidated or Reduced Bank Annuities may be transferred for the Purchase of any such Life Annuities as herein-after is expressed; that is to say, In all Cafes where any such Bank Annuities, whether Consolidated or Reduced, shall be transferred upon or after the Fifth Day of January and before the Fifth Day of April, or upon or after the Fifth Day of July, and before the Tenth Day of October, then the Half-yearly Payments of the Annuities purchased by the Transfer thereof, shall be made on the Fifth Day of July and the Fifth Day of January in every Year ; and the First Half-yearly Payment of every such Annuity, shall be payable on such of the said Days as shall next succeed the Day of the Transfer of the said Bank Annuities; and in all Cafes where any such Bank Annuities, whether Consolidated or Reduced, shall be transferred upon or after the Fifth Day of April and before the Fifth Day of July, or upon or after the Tenth Day of October and before the Fifth Day of January, then the Half-yearly Payments of the Annuities purchased by the Transfer thereof, shall be made on the Fifth Day of April and the Tenth Day of October in every Year; and the Firs Half-yearly Payment of every such Annuity shall be payable on such of the said Days as shall next succeed the Day of the Transfer of the said Bank Annuities y and upon the Death of any single Nominee, or of the Survivor of any Two joint Nominees, a Sum equal to One-fourth Part of the Annuity depending upon his or her Life, (over and above all Arrears thereof respectively) shall be payable to the Person or Persons entitled to the said Annuity, or to his or her Executors, Administrators, or Assigns (as the case may be) on the Half-yearly Day of Payment next succeeding the Death of such Nominee; provided such last mentioned Payment shall be claimed within Two Years after the Death of such single or surviving Nominee, but not other wife.

XVIPreventing Frauds in the Receipt of the Annuities, by Production of Certificates of Life of Nominees.

And, for preventing Frauds in the Receipt of Life Annuities, be it further enacted, That before any Half-yearly Payment of an Annuity shall be receivable at the Bank of England as herein is directed, a Certificate shall be produced to the Officer to be appointed as aforesaid, under the Hand of the Minister, or in his Absence, then a Certificate (wherein such Absence shall be specified) under the Hands of the Churchwardens and Overseers of the Parish or Place wherein the Nominee on whose Life the Annuity shall then depend, is resident, or of any Two of them, or a Certificate under the Hand of some Justice of the Peace or Magistrate of the County, Riding, City, or Town wherein such Parish or Place shall be situate, that such Nominee was living upon a Day to be specified in such Certificate (which Day must be one of the Days on which a Half-yearly Payment of such Annuity shall have become due, or some Day subsequent thereto ): Provided always, that in case any Nominee shall at any Time after his or her Nomination become resident in Parts beyond the Seas in any of the Dominions of His Majesty, then a Certificate shall be produced to the said Officer, under the Hand of the Governor or Person acting as Governor of the Settlement where such Nominee shall be resident, that he or the was living on a Day to be specified in such Certificate (which Day must be one of the Days on which a Half-yearly Payment of such Annuity shall have become due, Or on some Day subsequent thereto ; and in case any Nominee shall after his or her Nomination become resident in any Kingdom or State in Europe, in Amity with His Majesty, then a Certificate shall in like Manner be produced under the Hand of the British Minister or Consul resident in the Kingdom or State where such Nominee shall be living; and in case any Nominee shall so become resident at any other Place beyond the Seas, or in case no British Governor or Person acting as such, or Minister or Consul reflectively shall be resident at the Settlement, or in the Kingdom or State wherein any such Nominee shall be living, then a Certificate shall in like Manner be produced of his or her Life under the Hand and Seal of the Chief Magistrate of any Province, City, Town, or Place where such Nominee shall be living : Provided also, that in all Cafes where an Annuity shall depend on the Lives of Two joint Nominees, who shall both be living, it shall be sufficient to produce the Certificate of the Life of either of such Nominees.

XVIIAffidavit to be annexed to such Certificates of Identity.

Provided always, and be it further enacted, That to every such Certificate as herein-before is directed to be produced to the said Officer, shall be annexed an Affidavit or solemn Affirmation made before any Justice of the Peace or Magistrate in England or Scotland reflectively, or if in Ireland before one of the Barons of the Exchequer there, by the Person 6r Persons entitled to the said Annuity, or by the Person applying to receive the same on his, her, or their Behalf, that the Matters contained in such Certificate are to the best of his or her Belief true, and that the Person described or certified therein is the Nominee or one of the Nominees on whose Life or Lives the Annuity whereof such Half-yearly Payment shall be claimed doth depend ; and in case such Annuity shall have been granted on the Lives of Two Nominees and on the Life of the longer Liver of them, then in such Affidavit or Affirmation shall also be specified, to the best of the Knowledge or Belief of the Person making such Affidavit or Affirmation, whether the other of the Two Nominees whose Life shall not be so certified as aforesaid be living or dead, and if living the usual Place of his or her Residence ; but if the Person making such Affidavit or Affirmation shall be wholly ignorant whether the other of such Two Nominees shall be living or dead, or if living of the usual Place of his or her Abode, then the same shall be specified in such Affidavit or Affirmation.

XVIIIUpon Production of Certificates and Affidavits, a Certificate to be granted upon which Annuity shall be payable.

And be it further enacted, That upon the Production of such Certificates and Affidavits as by this Act are directed to be produced to the said Officer, for enabling the Receipt of Half-yearly Payments of Annuities, such Officer shall and ,he is hereby required to grant to the Person producing the same, a Certificate in the Form in the Schedule to this Act annexed marked (F.) which Certificate being produced to and lodged with, the Governor and Company of the Bank of England, shall be; sufficient to authorize them, and they are hereby required to pay to the Person entitled to receive the said Annuity, not only the Half-yearly Payment thereof, which shall have become due on the Day upon which any such "Nominee shall have been certified as living, but also all preceding Half-yearly Payments of such Annuity which shall have become due, but which shall apt have been paid.

XIXCertificates of Death of single or surviving Nominee to be produced to the said Officer, in order to enable the Person entitled to receive the Portion of the Annuity payable in that Event.

Provided always, and be it further enacted, That In all Cafes where upon the Death of any single Nominee, or of the Survivor of any Two joint Nominees, any Claim shall be preferred under the Provisions of this Act, for the Payment of a Sum equal to One-fourth Part of the Annuity depending upon his or her Life, the Person or Persons preferring such Claim shall produce to the Officer to be appointed as aforesaid a Certificate of the Death of such Nominee, specifying the Day on which he or she shall have died, together with an Affidavit in Proof of the Identity of such Nominee, to be respectively granted and taken by and before such and the like Persons as by this Act are authorized and empowered to grant Certificates, and to administer Affidavits in Proof of a Nominee being living on the Day on which any Half-yearly Payment of an Annuity dependant upon his or her Life became due, and such Officer mall thereupon grant to the Person producing the same a Certificate in the Form specified in the Schedule to this Act annexed marked (G.), and upon the said. Certificate being produced to and lodged with the Governor and Company of the Bank of England, they are hereby authorized and required to make such Payment to the Person or Persons entitled thereto.

XXLife Annuities to be transferrable.

And be it further enacted, That the Right, Title, Interest, and Benefit in and to any Life Annuities which may be purchased under the Provisions of this Act, shall from Time to Time be transferable in the Books of the Governor and Company of the Bank of England, provided such Annuities be transferred entire and not in Parts or Shares : Provided also, that the original Nominee or Nominees of any Annuity shall never be varied or changed, notwithstanding any Transfer of the Right or Interest therein, in the Books of the said Governor and Company.

XXILife Annuities to be free from Taxes, except such as dividends of Consoles and Reduced Annuities are liable to, and be deemed Personal Estate.

And be it further enacted, That all Life Annuities purchased under the Provisions of this Act shall be free from all Taxes, Charges, and Impositions whatsoever, except such as Dividends of Consolidated or Reduced Bank Annuities are Or may be subject and liable to, and shall be deemed Personal Estate ; and in all Cafes where the same shall not depend upon the Life of the Person entitled thereto, shall go to his or her Execut

XXIIPenalty on producing false Certificates and Affidavits.

And be it further enacted, That if any Certificates or Affidavits shall be produced to the said Officer to be appointed as aforesaid, containing any false Statement of the Age of any Person to be appointed a Nominee, with Intent to obtain an Annuity on the Continuance of the Life of any Person who shall be under the Age of Thirty-five Years, or to obtain a higher Rate or Amount of Annuity during the Life of the Nominee than would by this Act be allowed according to his or her true Age, then and in every such case all such Bank Annuities as may have been transferred for the Purchase of such Annuity shall be forfeited to the said Commissioners, and all Right and Title to the Annuity which would otherwise have been payable in respect thereof shall cease and determine, and the Person or Persons by whom or on whose Behalf such Stock shall have been transferred shall forfeit to His Majesty, His Heirs and Successors, Treble the Value of all Sums which may have been received on account of the said Annuity, and also the further Sum of Five hundred Pounds, which Penalties reflectively shall be sued for, recovered, and applied in the Manner directed by this Act.

XXIIIPenalties on receiving Annuities after the Deaths of Nominees.

And be it further enacted, That all and every Person or Persons who for his, her, or their own Use, or the life of any other Person or Persons, shall receive One or more Payment or Payments upon any Annuity for any Time beyond the Death of any single or surviving Nominee, on the Continuance of whose Life the same was payable, after the Time on which the said Annuity ought wholly to cease by virtue of this Act (knowing such Nominee to be dead) shall forfeit to His Majesty, His Heirs and Successors, Treble the Value of the Money received after the Death of such Nominee, and also the further Sum of Five hundred Pounds, which Penalties respectively shall be sued for, recovered, and applied in the Manner directed by this Act.

XXIVAnnuities ceasing to revert to Sinking Fund.

And be it further enacted, That all Life Annuities purchased under the Provisions of this Act, shall, upon the ceasing thereof, revert to the said Funds which shall from Time to Time be applicable to the Reduction of the National Debt, by virtue of the said recited Act of the Forty-second Year of His Majesty's Reign, and shall from thenceforth be applied in the same Manner as by the Laws now in force, and by this Act, the said Funds are made applicable.

XXVCertificates, Affidavits and Transfers of Stock and Life Annuities, to be exempt from Stamp Duties.

And be it further enacted, That ho Copy of the Register of the Birth or Baptism of any Nominee, or any Certificates, Affidavits, or Affirmations to be made or taken in pursuance of this Act, nor any Transfer of Bank Annuities which shall be made to the said Commissioners for the Reduction of the National Debt, for the Purchase of any Life Annuity, nor any Transfer or Acceptance of any Life Annuity in the Books of the Governor and Company of the Bank of England, nor any Receipt for the Payment of any Life Annuity or any Part thereof, at the Bank of England, shall be liable to any Stamp Duty whatever.

XXVIPersons making false Affidavits guilty of Perjury.

And be it further enacted, That if any Person in any Affidavit or Affirmation to be taken before any Judge of His Majesty's, Courts at Westminster, or before any of the Barons of His Majesty's Courts of Exchequer in Scotland or Ireland reflectively, or before any Justice of the Peace or Magistrate under the Provisions of this Act, shall wilfully or corruptly swear or affirm any Matter or Thing which shall be false or untrue, every such Person so offending, and being thereof duly convicted, shall he, and is hereby declared to be subject and liable to such Pains and Penalties as by any Laws now in force any Persons convicted of wilful arid corrupt Perjury are subject and liable to.

XXVIIPunishment for forging Registers, Certificates &c.

And be it further enacted, That if any Person or Persons shall forge, counterfeit, or alter, or cause or procure to be forged, counterfeited, or altered, or knowingly or wilfully act or afflict in the forging, counterfeiting, or altering any Register or Registers of the Birth or Baptism of any Person or Persons to be appointed a Nominee or Nominees under the Provisions of this Act, or any Copy or Certificate of any such Register, or the Name or Names of any Witness or Witnesses to any such Certificate, or any Affidavit or Affirmation required to be taken for any of the Purposes of this Act, or the Certificate of any Judge, Baron of the Exchequer, Justice of the Peace or Magistrate, of any such Affidavit or Affirmation having been taken before him, or any Certificate of any Governor or Person acting as such, or Minister or Consul, or Chief Magistrate of any Province, Town, or Place, or other Person authorized by this Act to grant any Certificate of the Life or Death of any Nominee, or any Certificate or Certificates of the Officer to be appointed by the said Commissioners for the Reduction of the National Debt, or of any Cashier or Clerk of the Bank of England, or shall forge or counterfeit, or shall cause or procure to be forged or counterfeited, or knowingly or wilfully act or afflict in the forging or Counterfeiting the Name or Names of any Person or Persons in or to any Transfer of Bank Annuities for the Purchase of any Life Annuity, or in or to any Transfer or Acceptance of any Life Annuity in the Books of the Governor and Company of the Bank of England, or any Receipt or Discharge for any Life Annuity, or for any Payment or Payments due or to become due thereon, or to any Letter of Attorney, or other Authority or Instrument, to transfer or accept any Bank Annuities or Life Annuities under the Provisions of this Act, or to receive any Life Annuities, or any Payment or Payments due or to become due thereon, or shall wilfully, falsely, and deceitfully personate any true and real Nominee or Nominees, or shall wilfully deliver or produce to any Person or Persons acting under the Authority of this Act, or shall utter any such forged Register, Certificate, Affidavit, or Affirmation, knowing the same to be forged, counterfeited or altered, with Intent to defraud His Majesty, His Heirs and Successors, of any other Person or Persons whomsoever, then and in every, such case all and every Person or Persons so offending, and being lawfully convicted thereof, shall be adjudged guilty of Felony, and shall suffer Death as in Cafes of Felony without Benefit of Clergy.

XXVIIIRecovery and Application of Penalties.

Arid be it further enacted, That all pecuniary Penalties and Forfeitures imposed by this Act, shall be recoverable if incurred in England, in the Name of His Majesty's Attorney General on the Part of His Majesty, by Information in the Court of Exchequer at Westminster, or (if incurred in Ireland) in the Name of His Majesty's Attorney General in the Court of Exchequer at Dublin, (or if incurred in Scotland) in the Name of His Majesty's Advocate General in the Court of Exchequer in Scotland; and such Penalty and Forfeiture shall go and belong to the said Commissioners for the Reduction of the National Debt, and become Part of the Sinking Fund : Provided always, that it shall be lawful for the said Commissioners to cause such Reward as they shall think fit, not exceeding one Moiety of any such Penalty or Forfeiture so recovered, after deducting all Charges and Expences incurred in recovering the same, to be paid thereout to any Person or Persons who shall appear to them to be entitled thereto as Informer or Informers, in respect of such Penalty or Forfeiture so recovered; any Thing herein contained to the contrary notwithstanding.

XXIXNo Fees to be taken.

And be it further enacted, That no Fee whatever shall be received or taken by the Officer to he appointed as aforesaid for granting any Certificates, or for any Act, Matter, or Thing to be done by him in pursuance of this Act.

XXXCommissioners to appoint Clerks and Officers.

And be it further enacted, That the said Commissioners for the Reduction of the National Debt, shall and they are hereby authorized and empowered to appoint such Officers, Clerks, and other Persons, as may be necessary for carrying this Act into Execution.

XXXIFor defraying Expences.

And be it further enacted, That it shall be lawful for the Commissioners of His Majesty's Treasury, or any Three or more of them or the Lord High Treasurer for the Time being, to order and direct any Sum Or Sums of Money to be issued and paid out of any Aids or Supplies granted or to be granted by Parliament for the Service of the Year in which such Expences shall be incurred, for the Payment of Salaries to Officers and Clerks acting in the Execution of this Act, and for discharging such incidental Expences as shall necessarily attend the Execution thereof, in such Manner as the said Commissioners of the Treasury, or any Three or more of them, or the Lord High Treasurer, shall from Time to Time think fit and reasonable; and also to fettle and appoint such Allowances as shall be proper for the Pains and Labour of, the Cashier or Cashier; or other Officer or Officers of the Governor and Company of the Bank of England in the Execution of this Act; which last-mentioned Allowances shall be for the Use and Benefit of the said Governor and Company, and at their Disposal only.

XXXIIThe Chief Baron added to the Number of Commissioners for the Reduction of the National Debt.

And whereas by the said recited Act of the Twenty-sixth Year of His present Majesty's Reign, the Speaker of the House of Commons, the Chancellor of His Majesty's Exchequer, the Master of the Rolls, the Accountant General of the Court of Chancery, and the Governor and Deputy Governor, of the Bank of England, for the Time being respectively were appointed Commissioners for, carrying the said; Act into Execution; be it enacted, That in Addition to the Commissioners appointed by the said Act, the Chief Baron, or in his Absence, any one of the Barons of His Majesty's Court of Exchequer in England, for the Time being respectively, shall be a Commissioner for carrying into Execution the Purposes, of the said recited Acts of the Twenty-sixth, Thirty-second, and Forty, second Years of His present Majesty's Reign, and of this Act, and shall have and be Inverted with such and the same Powers and Authorities in all Respects as if the Chief Baron or Baron of the said Court of Exchequer respectively had been appointed a Commissioner by the said Act of the Twenty-sixth Year aforesaid.

XXXIIIQuorum of Commissioners.

And be it further enacted, That it shall be lawful for any Four of the Commissioners for the Reduction of the National Debt for the Time being, to execute and do all Matters, and Things, which by, this Act the Commissioners for the Reduction of the National Debt are required and empowered to do.

XXXIVAccounts to be laid before Parliament.

And be it further enacted, That the following Accounts shall be prepared by the said Commissioners for the Reduction of the National Debts and shall be annually laid before both Routes of Parliament, on or before the Twenty-fifth Day of March if Parliament shall be then sitting; and if Parliament shall not be then fitting, then within Fourteen Days after the Commencement of the then next Session of Parliament; videlicet, a Half-yearly Account of all Bank Annuities which shall have been transferred to them for the Purchase of any Life Annuities, and of the Dividends receivable by them In respect thereof, up to the Period of such Account; distinguishing therein so much of the said Bank Annuities as shall have been transferred in the Course of the next immediately preceding Half Year; also a Half-yearly Account of the Amount of all the Life Annuities granted by them up to the Period of such Account, distinguishing therein the Amount of the life Annuities which shall have been granted in the Course of the next immediately preceding Half Year; and also of the Amount of all the Annual Sums which, up to the Period of the laid Account, shall, by reason of the Deaths of Nominees or otherwise, have reverted to the said Funds applicable to the Reduction of the National Debt, distinguishing therein the Amount of such Annual Sums as shall have so reverted in the Course of the next immediately preceding Half Year, together with an Account of the Amount of Life Annuities, then payable ; and in every such Account shall be specified the Excess in the whose Amount of all the Life Annuities then before granted, above the Amount of the Dividends receivable in respect of all the Bank Annuities then before transferred for the Purchase of Life Annuities, and also the Excess (if any) in the Amount of the Life Annuities then payable above the Amount of such Dividends : Also a Half-yearly Account of the Capital Stock, which, up to the Period of such Account, mail have been redeemed by the Application of the Annual Sums which shall from Time to Time: have so reverted to the said Funds by reason of the Deaths of Nominees, or otherwise and by the Application of the accumulated Dividends of the Capital Stock thereby redeemed: also an Account of the whole Amount; of Three Pounds per Centum Bank Annuities, which, up to the Period of such Account, would have been redeemed by the Excesses in the Amount of the Life Annuities, from Time to Time payable by the said Commissioners, above the Amount of the Dividends from Time to Time receivable by them in respect of the Bank Annuities transferred for the Purchase of such Life Annuities, in case such Excesses had been intermediately applied in the Redemption of Three Pounds per Centum Stock, in the Manner prescribed by the Laws now in force for the Redemption of the National Debt.

XXXVLimitation of Actions.

And be it further enacted, That if any Action or Suit shall be brought against any Person or Persons for any Thing done in pursuance or by virtue of this Act, such Action or Suit shall be commenced within Three Months next after the Fact committed and not afterwards ; and the Defendant or Defendants in every such Action or Suit may plead the General Blue, and give this Act and the special Matters in Evidence at any Trial to be had thereupon ; and if the Jury shall find for the Defendant of Defendants in any such Action or Suit, or if the Plaintiff or Plaintiffs shall be non-suited, or discontinue his, her, or their Action or Suit after the Defendant or Defendants shall have appeared ; or if upon Demurrer Judgment shall be given against the Plaintiff or Plaintiffs, the Defendant or Defendants shall have Treble Costs, and have the like Remedy, for the same as any Defendant hath in other Cafes to recover Costs by Law.

XXXVIAct may be altered this Session.

And be it further enacted, That this Act may be altered, varied, or repealed, by any Act or Acts to be made in this present Session of Parliament.

SCHEDULES to which this Act refers.

SCHEDULE (A.)FORM of the DECLARATION to be signed by Persons desirous of purchasing Life Annuities for themselves, or on Behalf of others

SCHEDULE (B.)FORM of CERTIFICATE so be granted by the said Officer, in order to enable the Transfer of Stock at the Bank of England for the Purchase of Life Annuities

SCHEDULE (C.)FORM of CERTIFICATE of the Cashier of the Bank of England, acknowledging the Transfer of Bank Annuities for the Purchase of Life Annuities

SCHEDULE (D.)

TABLE No. 1

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Single Lives which will be payable for every £.100. of Stock transferred according to the Average Price thereof ; and the Age of the Nomineee at the Time of the Transfer.

AGE.Price of the £.3 per Cent. Consolidated or Reduced Bank Annuities.
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35.41204130413041404150416041604170418041804190500510510520530540540550560560
36.413041404140415041604170417041804190500500510520530530540550560560570580
37.41404150415041604170418041804190500510510520530540550550560570580580590
38.41504160416041704180419050050051052053053054055056057057058059051005100
39.416041704180418041905005105205205305405505605605705805905100510051105120
40.41704180419050050051052053054054055056057058059059051005110513051305130
41.418051905005105205205305405505605705805805905100511051205130513051405150
42.4190500510520530540550550560570580590510051105120512051305140515051605170
43.51052052053054055056057058059051005100511051205130514051505160517051705180
44.52053054055056057057058059051005110512051305140515051605170517051805190600
45.53054055056057058059051005110512051305140515051505170517051805190600610620
46.55050057058059051005110512051305140514051505160517051805190600610620630640
47.5605705805905100511051205130514051505160517051805190600610620630640650660
48.5805905100511051205130514051505160517051805190600610620630640650660670680
49.510051105120513051405150516051705180519060061062063064066067068069061006110
50.5120513054051505160517051805190600610620640650660670680690610061106126130
51.514051505160517051805190600610620630650660670680690610061106120613061506160
52.515051705180519060061062063065066067068069061006110613061406150616061706140
53.5180519060061062063065066067068069061106120613061406150616061806190700710
54.60061062063065066067068069061106120613061406160617061806190700720730740
55.62063065066067068061006110612061306150616061706180700710720730750760770
56.640660670680610061106120616061506160617061907007107307407507707807907100
57.670680610061106120614061506160618061907007207307507607707907100711071307140
58.6100611061306140615061706180700710720740750770780790711071207140715071607180
59.613061406150617061907007107307407607707907100712071307150716071707190800820
60.6150617061807007107307407607707907100712071307150716071807190810820840850
61.61806190710720740760770790710071207130715071607180800810830840860870890
62.710730750760780790711071307140716071807190810820840860870890810081208140
63.750770790710071207140715071707190800820840860870890811081208140816081708190
64.710071107130715071707180800820840850870890811081308140816081808190910930950
65.714071607180800820840850870890811081308150816081809009209409609709909110
66.71908108308508708908110813081508170819091093094096098091009120914091609180
67.8508708908110815081508170819091093095097099091109130915091709190101010301050
68.811081308150818090092094096098091009120914091709190101010301050107010901011010130
69.81809009209409709909110913091609180100010201040107010901011010130101601013011001120
70.940960990911091309160918010001030105010701010010120101401017010190112011401160119011110
71.9120914037091901020104010701090101201014010170101901120114011701190111201114011170111901210
72.101010301060108010110101401016010190112011401170119011120111501117012001220125012801210012130
73.1010010130101601018011101140117011901112011150111801200123012601290121201214012170130013301350
74.11001130116011901112011150111801210124012701210012130121501218013101340137013100131301316013190
75. and upwards.111101114011170120012301260121001213012160121901320135013801311013140131801410144014701410014130

SCHEDULE (E.)

TABLE No. 2

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £.100. of the Stock transferred, according to the Average Price thereof, in case the Nominees shall be of equal Ages, or being of different Ages, in case the elder Nominee shall not exceed the Age of the younger Nominee by more than Five Years at the Time of the Transfer.

Age of Lives, or younger Lives.Price of the £ 3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35315031603160317031703180318031903190400400410410420420430430440440450450
36.31603160317031703180318031903190400400410410420430430440440450450460460
37.316031703170318031903190400400410410420420430430440440450460460470470
38.31703180318031903190400400410410420420430440440450450460460470470480
39.3180318031903190400410410420420430430440450450460460470470480480490
40.3190319040040041041042043043044044045046046047047048048049041004100
41.3190400410410420420430440440450450460470470480480490490410041104110
42.40041041042043043044044045046046047048048049049041004110411041204120
43.4104204204304304404504504604704704604804904100410041104120412041304140
44.420430430440440450460460470480480490410041004110412041204130413041404150
45.4304304404504504604704704804904904100411041104120413041304140415041504160
46.440450450460470470480490490410041104110412041304130414041504150410041704170
47.45046046047048048049041004100411041204130413041404150415041604170418041804190
48.46047047048049041004100411041204120413041404150415041604170418041804190500500
49.4704804904904100411041204120413041404150415041604170418041804190500510510520
50.4804904100411041204120413041404150415041604170418041904190500510520520530540
51.4100410041104120413041404140415041604170418041804190500510520520530540550560
52.41104120413041304140415041604170418041804190500510520530530540550560570570
53.412041304140415041604170417041804190500510520530530540550560570580590590
54.4140415041604170417041804190500510520530540550550560570580590510051105110
55.4160416041704180419050051052053054055055056057058059051005110512051305140
56.41704180419050051052053054055056057058059051005100511051205130514051505160
57.41905005105205305405505605705805905100511051205130514051505160517051705180
58.5105205305405505605705805905100511051205130514051505160517051805190600610
59.530540550560570580590510051105120514051505160517051805190600610620630640
60.5405505705805905100511051205130514051505160517051805190610620630640650660
61.560570590510051105120513051405150516051805190600610620630640650670680690
62.590510051105120514051505160517051805190600620630640650660680690610061106120
63.5120513051405150517051805190600610630640650660680690610061106120614061506160
64.515051605170518060061062063065066067069061006110612061406150616061706190700
65.5180519061053063065066067068061006110612061406150616061806190700720730740
66.61063064056067068061006110612061406150617061806190710720740750760780790
67.65067068061006110612061406150617061807007107307407507707807100711071307140
68.690611061206140615061706190700720730750760780790711071207140715071707180800
69.61406160617061907007207407507707807100712071307150716071807190810830840860
70.618070071073075076078071007110713071507160718080081083085086088081008110
71.730750770780710071207140715071707190810820840860880810081108130815081708180
72.7907110713071507160718080082084086088089081108130815081708190910920940960
73.715071707190810830850870890811081308150817081909109130950970990911091309150
74.8208408608808100812081508170819091093095097099091109139159170919010201040
75.89081108140816081809009309509709909110914091609180100010201050107010901011010140

TABLE No. 3

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £100 of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Five Years, but not by more than Ten Years, at the Time of the Transfer.

Age of younger Life.Price of the £.3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35317031703180318031903190400410410420420430430440440450450460460470480
36.3170318031903190400400410410420420430440440450450460460470470480490
37.3180319031904004004104204204304304404504504604604704704804804904100
38.3190319040041041042042043044044045045046046047048048049049041004110
39.4004004104104204304304404404504604604704704804904904100411041104120
40.410410420420430440440450450460470470480490490410041004110412041204130
41.41042043043044045045046047047048048049041004100411041204120413041304140
42.4204304404404504604604704804804904100410041104120412041304130414041504150
43.43044045045046047047048049049041004110411041204130413041404150415041604170
44.4404504604604704804804904100411041104120413041304140415041504160417041704180
45.45046047048048049041004100411041204130413041404150415041604170417041804190500
46.4604704804904904100411041204120413041404150415041604170417041804190500500510
47.4804804904100411041104130413041404140415041604170418041804190500510510520530
48.4904100410041104120413041404140415041604170417041804190500510510520530540550
49.41004110413041304134140415041604170417041804190500510510520530540550560560
50.4120412041304140415041604170418041804190500510520530530540550560570570580
51.413041404150416041704180418041905005105205305305405505605705805905905100
52.4150416041604170418041905005105205305305405505605705305905100511051105120
53.4160417041804190500510520530540550550560570580590510051105120513051405150
54.4180419050051052053054055056056057058059051005110512051305140515051605170
55.5005105205305405505605705805905100511051205130514051505160517051805190600
56.5205305405505605705805905100511051205130514051505160517051805190600610620
57.540550560570580590510051105120514051505160517051805190600610620630640650
58.550560570590510051105120513051405150516051705180600610620630640650660670
59.5805905100511051205130515051605170518051905006106306406506606706806906110
60.510051205130514051505160517051906006106206306505606706806906110612061306140
61.5130514051505170518051906006106306406506606806906100611061306140615061606180
62.5160517051806005106206406506606806906100612061306140616061706180700710720
63.519061062063064066067069061006110613061406150617061806190710720730750760
64.63064066067068061006110613061406150617061807007107207407507707807907110
65.670680610061106130614061506170618070071073074076077079071007120713071507160
66.611061206140615061706180700720730750760780790711071207140715071707190800820
67.615061706190700720730750770780710071207130715071607180800810830840860880
68.619071073074076078079071107130715071607180800810830850870880810081208130
69.750760780710071207140715071707190810830840860880810081208130815081708190910
70.7100713071407160718080082084086085089081108130815081708190910930950960970

TABLE No. 4

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £100 of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Ten Years, but not by more than Fifteen Years, at the Time of the Transfer.

Age of younger Life.Price of the £ 3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35318031904004004104104204204304404404504504604704704804804904904100
36.3190400400410410420430430440440450460460470470480490490410041004110
37.40041041042042043044044045045046047047048048049041004100411041104120
38.410410420430430440450450460460470480480490490410041104110412041304130
39.42042043044044045046046047047048049049041004110411041204130413041404140
40.4304304404504504604704704804904904100411041104120413041304140414041504160
41.440440450460460470480480490410041004110412041204130414041404150416041604170
42.45045046047047048049041004100411041204120413041404140415041604160417041804190
43.46046047048049049041004110411041204130414041404150416041604170418051904190500
44.47048048049041004110411041204130413041404150416041604170418041904190500510520
45.48049041004100411041204120413041404150416041604170418041904190500510520520530
46.490410041104120412041304140415041504160470418041904190500510520530530540550
47.411041104120413041504150415041604170418041904190500510520530530540550560570
48.412041304140415041504160417041804190500500510520530540540550560570580590
49.413041404150416041704180419050050051052053054055056056057058059051005110
50.4150416041704180419051905005105205305405505605705705805905100511051205130
51.41704180419041905005105305305405505605705805905100511051105120513051405150
52.41804190500510520530540550560570580590510051105120513051405150516051705180
53.5005105205305405505605705805905100511051205130514051505160517051805190600
54.520530540550560570580590511051105130514051505160517051805190600610620630
55.5405505605705805905100511051205130514051505160517051805190600610630640650
56.560570580590510051105120513051505160517051805190600610620630640660670680
57.5805905110512051305140515051605170519060061062063064065066068069061006110
58.5110512051305140516051705180519060061063064065066067069061006110612061306150
59.5140515051605170519060061062064065066067069061006110612061306150616061706180
60.5170518051906106206306406606706806906110613061306150616061706190700710720
61.519061062063065066067069061006110613061406150617061806190700720730740760
62.63064066067068061006110613061406150617061807007107207407507707807907110
63.670680610061106120614061506170618070071073074076077078071007110713071407160
64.611061206140615061706180700710730740760770790710071207130715071707180800810
65.6140616061706190700720740750770780710071207130715071607180800810830840860

TABLE No. 5.

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £100 of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Fifteen Years, but not by more than Twenty Years, at the Time of the Transfer.

Age of younger Life.Price of the £.3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
354004104104204304304404404504604604704704804904904100410041141204120
36.4104204204304404404504504604704704804804904100410041104120412041304130
37.420430430440440450460460470480480490410041004110411041204130413041404150
38.4304304404504504604704704804904904100411041104120413041304140415041504160
39.440440450460470470480490490410041104110412041304130414041504150416041704170
40.45045046047048048049041004100411041204130413041404150415041604170417041804190
41.46047047048049049041004110412041204130414041504150416041704170418041904190500
42.4704804804904100411041104120413041404140415041604170417041804190500500510520
43.4804904100410041104120413041404140415041604170417041804190500500510520530530
44.490410041104120413041304140415041604160417041804190500500510520530530540550
45.41104120413041304140415041604160417041804190500500510520530540540550560570
46.412041304140413041504160417041804190500500510520530540550550560570580590
47.414041404150416041704180419050051051052053054055056056057058059051005110
48.415041604170418041905005005105205305405505605705805805905100511051205130
49.4170418041905005105105205305405505605705805905100511051105120513051405150
50.4190500510510520530540550560570580590510051105120513051405150516051705180
51.5105105205305405505605705805905100511051205130514051505160517051805190600
52.5205305505605705805905100511051205130514051505160517051805190600610620630
53.530540550560570580590510051105130514051505150517051805190600610620630640
54.5505605805905100511051205130514051505160517051805190610620630640650660670
55.5805905100511051205130514051605170518051906006106206306506606706806906100
56.5100511051305140515051605170518051906106206306406506606806906100611061206130
57.5130514051505160518051906006106206406506606706806100611061206130615061606170
58.516051705180519061062063065066067068061006110612061306150616061706180700710
59.51906006106306406506706806906100612061306140616061706180700710720740750
60.6206306506606706906100611061306140616061706180700710720740750760780790

TABLE No. 6

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £.100. of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Twenty Years, but not by more than Twenty-five Years, at the Time of the Transfer.

Age of younger Life.Price of the £ 3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35420430430440450450460470470480480490410041004110412041204130413041404150
36.43044044045046046047048048049041004100411041204120413041304140415041504160
37.440450450460470470480490490410041004110412041204130414041504150416041704170
38.45046046047048048049041004100411041204120414041404140415041604170417041804190
39.46047047043049049041004110412041204130414041504150416041704170418041904190500
40.47048049049041004110411041204130414041404150416041604170418041904190500510520
41.48049041004100411041204130413041404150410041604170418041904190500510520550530
42.490410041104120413041304140415041604160417041804190500500510520530530540550
43.41104110412041304140415041604160417041804190500500510520530530540550560570
44.412041304140414041504160417041804190500500510520530540540550560570580590
45.4140414041504160417041804190419050051052053054055055056057058059051005100
46.4150416041704180419041905005105205305405505505605705805905100511051205120
47.41704180419041905005110520530540550560570580580590510051105120513051405150
48.41804190500510520530540550560570500590510051005110512051305140515051605170
49.50051052053054055056057058059051005110512051305140515051605170518051805190
50.5105205305405505605705805905100511051205130514051505160517051805190600610
51.5305405505605705805905100511051205130514051505160517051805190600610620630
52.550560570580590510051105120513051405160517051805190600610620630640650660
53.570580590510051105130514051505160517051805190600610620640650660670680690
54.59051105120513051405150516051705190600610620630640650660680690610061106120
55.512051305140515051705180519060061062064065066067068069061106120613061406150

TABLE No. 7

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £100 of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Twenty-five Years, but not by more than Thirty Years, at the Time of the Transfer.

Age of younger Life.Price of the £ 3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35440450450460470470480490490410041004110412041204130414041404150416041604170
36.45046046047048048049041004100411041204120413041404140415041604160417041804180
37.46047047048049049041004110411041204130414041404150416041604170418041804190500
38.47048048049041004110411041204130413041404150416041604170418041804190500510510
39.48049041004100411041204130413041404150416041004170418041904190500510510520530
40.4904100411041204120414041404150415041604170418041804190500500510520530540550
41.411041104120413041404150415041604170418041804190500510520520530540550550560
42.4120413041404140415041604170418041804190500510520520530540550560560570580
43.413041404150416041704170418041905005105205205305405505605705705805805100
44.415041604160417041804190500510520520530540550560570580580590510051105120
45.416041704180419050051052052053054055056057058059059051005110512051305140
46.4180419050051052052053054055056057058059051005110511051205130514051505160
47.5005105205205305405505605705805905100511051205130514051505150516051705180
48.56051052053054055056057058059051005110512051305140515051505160517051805190
49.5205305405505605705805905100511051205130514051505160517051805190600610620
50.5405505605705805905100511051205130514051505160517051805190600610620630640

TABLE No. 8.

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £100 of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Thirty Years, but not by more than Thirty-five Years, at the Time of the Transfer.

Age of younger Life.Price of the £.3 per Cent. Consolidated or Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35460460470480480490410041104110412041304130414041504150416041704170418041904190
36.470480480490410041004110412041204130414041504150416041704170418041904190500510
37.48049049041004110412041204130414041404150416041704170418041904190500510520520
38.49041004110411041204130414041404150416041604170418041904190500510520520530540
39.4100411041204130413041404150416041604170418041904190500510520520530540550550
40.41204120413041404150415041604170418041904190500510520520530540550560560570
41.413041404140415041604170418041804190500510520520530540550560570570580590
42.414041504160417041804180419050051052052053054055056057057058059051005110
43.416041704170418041905005105205205305405505605705705805905100511051205130
44.417041804190500510520520530540550560570580590590510051105120513051405150
45.4190500510510520530540550560570580590510051005110512051305140515051605170

TABLE No. 9.

Shewing the ANNUAL AMOUNT of LIFE ANNUITIES granted on the Continuance of Two Lives, and the Life of the longer Liver of them, which will be payable for every £100 of the Stock transferred, according to the Average Price thereof, in case the Age of the elder Nominee shall exceed the Age of the younger Nominee by more than Thirty-five Years at the Time of the Transfer.

Age of younger Life.Price of the £.3 per Cent. Consolidated Reduced Bank Annuities
60 and under 61.61 and under 62.62 and under 63.63 and under 64.64 and under 65.65 and under 66.66 and under 67.67 and under 68.68 and under 69.69 and under 70.70 and under 71.71 and under 72.72 and under 73.73 and under 74.74 and under 75.75 and under 76.76 and under 77.77 and under 78.78 and under 79.79 and under 80.80 and under 81.
35.480480490410041004110412041204130414041504150415041704170418041904190500510520
36.49049041004110412041204130414041404150416041704170415041904190500510520520530
37.41004100411041204130413041404150416041604170418041904190500510520520530540540
38.411041204120413041404150415041604170418041904190500510520520530540550550560
39.4120413041404140415041604170418041804190500510520520530540550550560570580
40.41304140415041604170417041804190500510510520530540550550560570580590590

SCHEDULE (F.)FORM of the CERTIFICATE to be granted, by the said Officer, in order to enable the Receipt of the Annuity from Time to Time at the Bank, of England

SCHEDULE (G.)FORM of the CERTIFICATE to be granted by the said Officer, in order to enable the Receipt of One-fourth Part of an Annuity, upon the Death of a single or surviving Nominee