Provided always, that where any question shall arise touching the title of any person to any money to be paid into the Bank of England, or Bank of Scotland, or Royal Bank of Scotland, in the name and with the privity of the Remembrancer of the Court of Exchequer, or the Queen’s Remembrancer, or other proper officer, pursuant to the directions of this Act, or to [F1any bank annuities][F2any investments] to be purchased with any such money, or the dividends or interest of [F1any such bank annuities][F2any such investments or money], the person or persons who shall have been in possession of the property so purchased at the time of the purchase shall be deemed to have been lawfully entitled to such property according to such possession, until the contrary shall be shown to the satisfaction of the said Court of Exchequer, and the dividends or interest of [F1the bank annuities to be purchased with such money, and also the capital of such bank annuities][F2money or the investments to be purchased therewith, and also the investments themselves], shall be paid, applied, and disposed of accordingly, unless it shall be made to appear to the said court that such possession or receipt was wrongful, and that some other person or persons was or were lawfully entitled to such property.
Textual Amendments
F1Words have now ceased to have effect in England and Wales
F2Words substituted (E.W.) by Administration of Justice Act 1965 (c. 2), Sch. 1
Modifications etc. (not altering text)
C1S. 30 applied by Defence Act 1860 (c. 112), s. 20