Paragraph 4 Revenue, Friendly Societies, and National Debt Act 1882

For section 18 of the Revenue, Friendly Societies, and National Debt Act 1882^f1 (adjustment of account as regards accumulations of fractions of a penny on the dividends of the National Debt), there is substituted—

“Adjustment of account as regards accumulations of fractions of a penny on the dividends of the National Debt

18.

The Registrar of Government Stock shall from time to time, when required by the Treasury, certify to the Treasury the amount in his hands arising from fractions of a penny not paid on account of dividends on the national debt, and the Treasury may by warrant direct the Registrar of Government Stock to repay the same to the National Loans Fund.”.

Annotations

Footnotes

f1: 1882 c. 72; section 18 was amended by the Statute Law Revision Act 1898 (c. 22); the National Loans Act 1968 (c. 13), sections 13(6) and 24(2) and Schedules 5 and 6; and the Decimal Currency Act 1969 (c. 19), section 10(3) and Schedule 2, paragraph 3.