Section 68 Payments to Banks of England and Ireland in respect of management of Government securities.C1
Section 16 of the M1 National Loans Act 1968 (supplemental provisions as to the national debt) shall be amended as follows—
in subsection (7) (under which payments to the Banks of England and Ireland in respect of management of Government securities must relate to management in financial years ending on 31st March), for the words “in the year ending 31st March 1968 or any subseequent financial year” there shall be substiuted the words “in any period”, and
subsection (8) (which governs the calculation of the amount of such payments and the time of payment) shall be omitted.
Annotations
Marginal citations
- M1
Modifications
- C1
The text of ss. 6(2), 68, Sch. 6 paras. 83, 87 to 90 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.