Introductory text

NATIONAL DEBT

Made 12th November 1990

Coming into force 13th November 1990

Whereas a draft of these Regulations has been laid before Parliament in accordance with section 6(1) of the Statutory Instruments Act 1946^f1(which by virtue of section 6(2) of that Act replaces section 47(3) of the Finance Act 1942^f2 ) and a period of forty days beginning with the day of laying has expired and neither House has resolved that the Regulations be not made:

Now, therefore, the Treasury, in exercise of the powers conferred on them by section 47(1) of the Finance Act 1942, and of all other powers enabling them in that behalf, hereby make the following Regulations:—

Annotations

Footnotes

f1: 1946 c. 36.
f2: 1942 c. 21; section 47 was amended by the National Debt Act 1958 (7 & 8 Eliz. 2 c.6), the Schedule, by the Finance Act 1964 (c. 49), sections 24 and Schedule 8, paragraphs 1 and 2 and Schedule 9, by the Post Office Act 1969 (c. 48), section 108(1)(d), and by the Finance Act 1989 (c. 26), section 183(1), and extended by the Bank of England Act 1946 (c. 27), section 1(5) and Schedule 1, paragraph 6, by the Coal Industry Nationalisation Act 1946 (c. 59), section 33(6), by the Iron and Steel Act 1975 (c. 64), Schedule 6, paragraph 14(3), by the Stock Transfer Act 1982 (c. 41), section 3 and Schedule 2, paragraph 2, and by the Finance Act 1989 (c. 26), section 183(1).