Paragraph 22 National Savings Stock Register Regulations 1976
The National Savings Stock Register Regulations 1976f1 are amended as follows.
In paragraph (2)(b) of regulation 14 (redemption), for “in the books of the Bank of England” there is substituted “in the registers kept by the Registrar of Government Stock in accordance with regulations under section 47 of the Finance Act 1942 (see regulation 7 of the Government Stock Regulations 2004)”.
In regulation 39Af2 (nominations which also apply to stock held in the books of the Bank of England)—
in paragraphs (2) and (3), for “Bank of England” there is substituted “Registrar of Government Stock”;
in paragraph (4), for “Bank of England receive” there is substituted “Registrar of Government Stock receives”;
in paragraphs (5) to (7), for “Bank” there is substituted “Registrar of Government Stock”.
In paragraph (5)(a) of regulation 41 (payment without a grant of representation), for “in the books of the Bank of England” there is substituted “in the registers kept by the Registrar of Government Stock in accordance with regulations under section 47 of the Finance Act 1942 (see regulation 7 of the Government Stock Regulations 2004)”.
In paragraphs (1)(b) and (3)(a) of regulation 42 (death duties or inheritance tax chargeable on the death of the holder of any stock), for “in the books of the Bank of England” there is substituted “in the registers kept by the Registrar of Government Stock in accordance with regulations under section 47 of the Finance Act 1942 (see regulation 7 of the Government Stock Regulations 2004)”.