SCHEDULE 1AMENDMENTS

Article 10(1)

The National Debt Act 1870

1.

The National Debt Act 18704 is amended as follows:

(a)

in section 13 for the words “the Banks of England and Ireland shall each” there shall be substituted “the Bank of England shall”;

(b)

in section 145 for the words “respective chief cashiers of the Banks of England and Ireland” there shall be substituted the words “chief cashier of the Bank of England”;

(c)

in section 16 for the words “The respective accountants general of the Banks of England and Ireland shall from time to time inspect and examine all receipts and payments of the respective chief cashiers of those Banks, and the vouchers relating thereto” there shall be substituted “All receipts and payments of the chief cashier of the Bank of England shall from time to time be examined”;

(d)

in section 59, for the words “either Bank” there shall be substituted the words “the Bank of England”.

The Finance Act (No. 2) 1915

2.

In section 48 of the Finance Act (No. 2) 19156, for the words “Banks of England and Ireland” there shall be substituted the words “Bank of England”.

The Finance Act 1916

3.

In section 66 of the Finance Act 19167, for the words “Banks of England and Ireland” there shall be substituted the words “Bank of England”.

The Finance Act 1942

4.

In section 47(1)(b) of the Finance Act 1942, for the words “Banks of England and Ireland” there shall be substituted the words “the Bank of England”.

The National Loans Act 1968

5.

In section 16(7) of the National Loans Act 19688, for the words “the Banks of England and Ireland”, there shall be substituted the words “Bank of England”. For the words “the Treasury” to the end, there shall be substituted the words “the Treasury and the Bank of England”.

The Government Stock Regulations 1965

6.

In regulation 23 of the Government Stock Regulations 19659 for the definition of “the Bank” there shall be substituted “ “the Bank” means the Bank of England;”.