National Loans Act 1939 (c.117)
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Change 1
SECOND SCHEDULE Application of certain enactments to securities issued under this Act
Section 3. 1 Stock or registered bonds issued under this Act shall be subject to the provisions of the National Debt Act 1870 so far as is consistent with the tenor of this Act. 2 Part VII of the National Debt Act 1870 (which relates to unclaimed dividends), shall have effect as if capital sums secured on bearer bonds issued under this Act were stock within the meaning of the said Part VII and as if the bonds and coupons attached thereto were respectively stock certificates and coupons issued under the National Debt Act 1870. For the purposes of this paragraph a bond shall be deemed to have been issued if it has been made out and paid for, notwithstanding that it has not been taken up by the person entitled thereto. 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 The definitions of “Government stock” in the following enactments, namely— (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) section fifty-one of the Finance Act 1921; and (c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . shall be amended so as to include securities issued under this Act; . . .
SECOND SCHEDULE Application of certain enactments to securities issued under this Act
Section 3. 1 Stock or registered bonds issued under this Act shall be subject to the provisions of the National Debt Act 1870 so far as is consistent with the tenor of this Act. 2 Part VII of the National Debt Act 1870 (which relates to unclaimed dividends), shall have effect as if capital sums secured on bearer bonds issued under this Act were stock within the meaning of the said Part VII and as if the bonds and coupons attached thereto were respectively stock certificates and coupons issued under the National Debt Act 1870. For the purposes of this paragraph a bond shall be deemed to have been issued if it has been made out and paid for, notwithstanding that it has not been taken up by the person entitled thereto. 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 The definitions of “Government stock” in the following enactments, namely— (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) section fifty-one of the Finance Act 1921; and (c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . shall be amended so as to include securities issued under this Act; . . .
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