{
  "url": "https://openlegislation.uk/national-debt-act-1870/section-3",
  "json_url": "https://openlegislation.uk/national-debt-act-1870/section-3.json",
  "legislation": "ukpga/Vict/33-34/71",
  "legislation_title": "National Debt Act 1870",
  "legislation_url": "https://openlegislation.uk/national-debt-act-1870",
  "path": "section/3",
  "kind": "section",
  "number": "3",
  "heading": "Interpretation of terms.",
  "text": "In this Act—\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n“Stock” means the several capital or joint stocks of perpetual annuities described in the first schedule to this Act, and includes any share or interest therein respectively:\n“Stockholder” means a person holding stock, being entered as such in—\n(a)a register 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); or\n(b)a register kept by the Operator of a relevant system under the Uncertificated Securities Regulations 2001 (and “Operator” and “relevant system” shall have the same meanings as they have in those Regulations):\n“Warrant” includes draft, order, cheque, or other document used as a medium for payment of dividends:\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n......\n“The Consolidated Fund” means the consolidated fund of the United Kingdom of Great Britain and Ireland:\n“The Court of Chancery” means the Court of Chancery in England or the Court of Chancery in Ireland as the case requires:\n“Person” includes corporation:\n“the Registrar of Government Stock” means the person or persons appointed in accordance with regulations under section 47(1)(b) of the Finance Act 1942 (see regulation 3 of the Government Stock Regulations 2004):\n“Representatives” means executors, administrators, or successors and assigns.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Definition repealed by Statute Law Revision (No. 2) Act 1893 (c. 54)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 3: definition of “Stockholder” substituted (26.11.2001) by S.I. 2001/3755, reg. 51, Sch. 7 Pt. I para. 1 (with regs. 39, 45)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 3 substituted (1.7.2004) by The Government Stock (Consequential and Transitional Provision) (No. 2) Order 2004 (S.I. 2004/1662), art. 1, Sch. paras. 1, 3(2)(a) (with art. 3)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 3 omitted (1.7.2004) by virtue of The Government Stock (Consequential and Transitional Provision) (No. 2) Order 2004 (S.I. 2004/1662), art. 1, Sch. paras. 1, 3(2)(b) (with art. 3)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 3 inserted (15.11.2004) by Government Stock (Consequential and Transitional Provision) (No.3) Order 2004 (S.I. 2004/2744), art. 1, Sch. para. 1(2) (with art. 3)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Functions of (a) Court of Chancery in England now exercisable by Chancery Division of the High Court: Supreme Court of Judicature (Consolidation) Act 1925 (c. 49), ss. 18, 56(1)(a); (b) Court of Chancery in Ireland now exercisable by High Court of Justice in Northern Ireland: Supreme Court of Judicature Act (Ireland) 1877 (c. 57), s. 71 and S.R. & O. 1921/1802 (Rev. XVI, p. 954: 1921, p. 1332), art. 2"
    }
  ],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2026/723",
      "affecting_title": "The Senior Courts (Transfer, Amendment and Consequential Provision) Order 2026"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Vict/33-34/71/section/3",
    "retrieved_at": "2026-10-29T12:54:42.422824+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}