OpenLegislation

Regulation 2

Original text. Later amendments are not shown.

Regulation 1(3) of the Local Authority (Stocks and Bonds) Regulations 1974f1 shall be amended–

(a)

by omitting the definition of “the CGO”; and

(b)

in the definition of “CGO Service member”, by substituting for the words, “the Bank of England” the words “CRESTCo Limited (which is now responsible for operating the CGO Service)”.

Annotations

Footnotes

f1

S.I. 1974/519; relevant amending instruments are S.I. 1985/1148, 1986/345, 1990/419; the Regulations were made under the Local Government Act 1972 (c. 70). Schedule 13, paragraph 4(1) which was repealed by the Local Government and Housing Act 1989, section 194(2) and Schedule 12, Part 1; that repeal was brought into force on 1st April 1990 by S.I. 1990/431, article 4, subject to a saving in Schedule 1, paragraph 1(a) in relation to bodies which are not relevant to these Regulations; in relation to bodies in relation to which the repeal was so commenced, paragraph 3 of the said Schedule 1, as amended by S.I. 1990/762, article 4(c), saves the 1974 Regulations with respect to stock issued before 1st April 1990.