# National Debt Act 1870, Section 54: Subsequent dividends on stock transferred to be invested, &c.


Where stock is transferred under this part of this Act all dividends accruing thereon after the transfer shall be paid to the National Debt Commissioners, and shall . . . be placed to their account of unclaimed dividends.
All such dividends . . . shall be held by those Commissioners for the public, subject to the claims of the parties entitled thereto.

---
Source: https://www.legislation.gov.uk/ukpga/Vict/33-34/71/section/54 (the official version)
Page: https://openlegislation.uk/national-debt-act-1870/section-54
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.