# National Debt Reduction Act 1866

29 & 30 Vict. c. 11 · enacted 23 March 1866 · revised to 1 February 1991

An Act for the Cancellation of certain Capital Stocks of Annuities standing in the Names of the Commissioners for the Reduction of the National Debt.

PDFs: Printed copy https://openlegislation.uk/national-debt-reduction-act-1866/pdf/ukpga_18660011_en.pdf

## Introductory text

An Act for the Cancellation of certain Capital Stocks of Annuities standing in the Names of the Commissioners for the Reduction of the National Debt.
[23rd March 1866]

## 1 Short title.

This Act may be cited for all purposes as “The National Debt Reduction Act 1866.”

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## 6 Provision for cancelling future annuities.

In all future cases of purchases of capital stocks of annuities by the application of donations and bequests monies, unless it be otherwise expressly provided in every such donation or bequest respectively, such annuities shall be at once cancelled by the Bank of England, on a direction from the Commissioners for the Reduction of the National Debt, signified in writing under the hand of the Comptroller General or Assistant Comptroller for the time being of the National Debt Office.

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Source: https://www.legislation.gov.uk/ukpga/Vict/29-30/11 (the official version)
Page: https://openlegislation.uk/national-debt-reduction-act-1866
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.