# Finance Act 1968, Paragraph 4


Bonds are not transferable either during the lifetime or on the death of the registered holder. No responsibility can be accepted in respect of their use as security for a loan.

---
Source: https://www.legislation.gov.uk/ukpga/1968/44/schedule/18/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-1968/schedule-18/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.