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The Government Bearer Bond (Prescribed Securities) Order 1965

S.I. 1965/212 · Made 10 February 1965

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BORROWING AND SECURITIES

Made 10th February 1965

Laid before Parliament 17th February 1965

Coming into Operation 18th February 1965

The Treasury, in pursuance of the powers conferred on them by section 71(2) of the Finance Act 1963, hereby make the following Order:—

Contents

  1. 1Article 1
  2. 2Article 2
  3. 3Article 3
  4. Signature
  5. Explanatory note

1

per cent Savings Bonds 1965-1975 is hereby prescribed as a security to which section 71 of the Finance Act 1963 applies.

2

The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.

3

This Order may be cited as the Government Bearer Bond (Prescribed Securities) Order 1965 and shall come into operation on 18th February 1965.

Signature

Harriet Slater

Ifor Davies

Two of the Lords Commissioners of Her Majesty's Treasury

10th February 1965

Explanatory note

Section 71 of the Finance Act 1963 entitles the registered holder of a Government security to which the section applies to receive a bearer bond in lieu of the whole or any part of his holding. This Order prescribes 3 per cent Savings Bonds 1965-1975 as a security to which the section applies.