Paragraph 10 Trustee Act 1925

(1)

The Trustee Act 1925^f1 is amended as follows.

(2)

In section 51^f2 (vesting orders as to stock and things in action)—

(a)

in subsection (3), for “Bank of England and all other companies” there is substituted “Registrar of Government Stock and any company”;

(b)

in subsection (4), for “Bank of England or any other company” there is substituted “Registrar of Government Stock or any company”.

(3)

In section 66 (indemnity to banks, etc.)—

(a)

after “to the Bank of England” there is inserted “, the Registrar of Government Stock, any previous Registrar of Government Stock”;

(b)

after “for the Bank” there is inserted “, the Registrar of Government Stock, any previous Registrar of Government Stock”.

Annotations

f1: 1925 c. 19.
f2: Section 51 was amended by the Merchant Shipping Act 1995 (c. 21), section 314(2) and Schedule 13, paragraph 13.