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Section 2 Power to extend Colonial Stock Acts to stock of Government and authorities operating in relation to two or more countries.

United Kingdom

(1)

His Majesty may by Order in Council direct that the Colonial Stock Acts 1877 to 1934 and the provisions of section one of this Act, shall be extended, subject to such modifications and to such conditions as may appear expedient to His Majesty, so as to apply to stock issued after the passing of this Act by any Government or authority specified in the Order, being a Government or authority established for controlling or administering services or matters of common interest to the inhabitants of more than one of the colonies or territories to whose stock any of the said Acts apply or could be made applicable.

(2)

Any Order in Council under this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.

(3)

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Annotations

Textual amendments

F1

S. 2(3) repealed by Trustee Investments Act 1961 (c. 62), Sch. 5

Notes on the whole Act

Textual amendments

F1

Act repealed (19.11.1998) by 1998 c. 43, s. 1(1), Sch. 1 Pt. IV Group 1