Finance Act 1921 in Wales
Geo5/11-12 c. 32 · Enacted 4 August 1921 · Extends to United Kingdom
An Act to grant certain Duties of Customs and Inland Revenue (including Excise), to alter other Duties, and to amend the Law relating to Customs and Inland Revenue (including Excise), and the National Debt, and to make further provision in connection with Finance.
[4th August 1921]I1
Annotations to the whole text
Commencement
- I1
Act partly in force at Royal Assent, partly retrospective; all provisions so far as unrepealed wholly in force at 1.2.1991.
Contents
- Part I
- 1—5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 11—16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 18, 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- Part s II—IV
- 24—34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 35—42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- Part V: National Debt
- 45Sinking fund with respect to Conversion Loan.
- 46. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 47. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 48. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 49Section 49
- 50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 51. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- Part VI: General
- 52—59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 60. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 61. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 62. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 63. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 64. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
- 65†Construction, short title, and repeal.
- Schedule FIRST, SECOND SCHEDULES. . .
- Schedule THIRD. . .
- Schedule FOURTH AND FIFTH SCHEDULES. . .
1—5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
11—16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
18, 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
24—34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
35—42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1
45Sinking fund with respect to Conversion Loan.
For the purpose of establishing a sinking fund in connection with the three and one-half per cent. Conversion Loan redeemable in nineteen hundred and sixty-one, the Treasury shall issue out of F1the National Loans Fund, with recourse to the Consolidated Fund . . . F2 as soon as may be after the close of every half-year (commencing with the half-year ending on the first day of April, nineteen hundred and twenty-two) during which the average daily price of the loan, as certified by the Bank of England, has been below ninety pounds per cent., a sum equal to not less than one per cent. of the amount of the loan outstanding at the close of that half-year.
Sums issued . . . F3 under this section shall be applied during the half-year in which they are issued in the purchase for cancellation of any securities forming part of the said loan.
Any securities purchased under this section shall be cancelled in such manner as the Treasury think fit.