Government Annuities Act 1929

PART IGovernment Annuities

1Power to grant annuities

2Consideration for annuities

3Conditions as to nominee

4Declarations, &c. required in respect of life annuities

5Declaration required in respect of annuities for years

6Amount of annuity

7Provisions as to payment of consideration

8Security for and payment of annuities

9Times of payment

10Mode of payment of life annuities

11Mode of payment of one-fourth of life annuity on expiration of annuity

12Mode of payment of annuities for years

13Transfers of life annuities

14Forfeiture of deferred annuities for non-payment of instalments

15Unclaimed annuities

16Tables for annuities

17Manner in which consideration for annuities to be dealt with

18Accounts of money paid in consideration for annuities

19Certification of amounts payable on the several quarter days

20Validity of payments to executors and administrators

21Payment of small sums on death without letters of administration

22Exemptions from duties

24Provisions as to warrants

25Provisions as to certificates, &c

26Power to correct errors

28Transfers between Banks of England and Ireland

30Annual account

31Punishment for improper receipt of annuity

32Punishment for false statements

35Recovery and application of penalties

36Repeals and savings

PART IISavings Bank Annuities and Insurances

37Power to grant savings bank annuities and insurances

38Limits on amount of annuities and insurances

40Ascertainment of amount of annuities and insurances

41Security for, and payment of, annuities and insurances

42Times of payment of annuities

43Mode of payment of annuities and insurances

44Transfer of annuities and insurances

45Commutation of insurances for annuities

46Provisions as to surrender of insurance and default in paying premium

47Application of Savings Banks Acts

48Power to recover money in county courts

49Miscellaneous provisions as to annuities and insurances

50Unclaimed annuities

51Power of Commissioners to act through medium of Post Office and trustee savings banks

53Tables for annuities and insurances

54Application and investment of sums paid for annuities or insurances

55Certification of amounts payable on the several quarter days

56Validity of payments to executors and administrators

57Payment of small sums on death without letters of administration

58Exemption of certain documents from stamp duty

59Provisions as to warrants

60Trusts not to be recognised

61Punishment for fraudulently receiving annuity or insurance

62Punishment for false declarations, &c

65Annual accounts

66Repeals and savings

PART IIIGeneral

67Provisions as to fund established under 27 & 28 Vict. c. 46

68Powers of Assistant Comptroller

70Short title, commencement, and extent

FIRST SCHEDULEDates on which First Quarterly Payments of Annuities are to be made

SECOND SCHEDULEEnactments repealed

PART IModifications with respect to Annuities granted before the Twenty-eighth day of June, Eighteen hundred and eighty-eight

PART IIModifications with respect to Savings Banks Annuities granted before the Eleventh day of October, Nineteen hundred and twenty-four

Royal arms

Government Annuities Act 1929

1929 CHAPTER 29

An Act to consolidate the Government Annuities Acts, 1829 to 1888, and the enactments amending those Acts.

[10th May 1929]

Be it 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, as follows :—