# The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003, Paragraph 1


Section 5 of the National Debt Act 1889 applies in relation to eligible Treasury bills with the following modifications–
(a) for “Treasury bills”, substitute, “The record (whether or not in the form of a document) containing the terms of an eligible Treasury bill”;
(b) for “be impressed or affixed by machinery or otherwise”, substitute “appear in the record”.

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Source: https://www.legislation.gov.uk/ukdsi/2003/0110464095/schedule/2/paragraph/1 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-amendment-eligible-debt-securities-regulations-2003/schedule-2/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.