Section 32 Transfer of stock.

On or as soon as may be after the commencement of this Act the Bank of England shall, on requisition in writing from the Admiralty, cause all Bank annuities then standing in the books of the Bank of England in the names of the Commissioners of Greenwich Hospital to be transferred to an account to be called the Account of the Lord High Admiral or Commissioners of the Admiralty for the time being ex parte Greenwich Hospital, and the same shall belong to the Admiralty on behalf of Her Majesty for the exclusive benefit of Greenwich Hospital.