Regulation 6 Strips not to be registrable in the National Savings Stock Register

Section 2 of the National Debt Act 1972^f1(maintenance of the National Savings Stock Register) shall be amended as follows.

In subsection (3) (any government stock within the meaning of the Act may be registered in the register), at the beginning insert “Subject to subsection (4) of this section,”.

After that subsection insert—

“(4)

There is not to be registered in the register anything which, within the meaning of section 47 of the Finance Act 1942, is a strip of any government stock.”.