Section 3 Infants.C1
In the following cases, namely,—
Where an infant is the sole survivor in an account, and
Where an infant holds stock jointly with a person under legal disability; and
Where stock has by mistake been brought in or transferred into the sole name of an infant,
the F1Registrar of Government Stock may, at the request in writing of the parent, guardian, or next friend of the infant, receive the dividends and apply them to the purchase of like stock, and the stock so purchased shall be added to the original investment.
Annotations
Textual amendments
- F1
Words in s. 3 substituted (1.7.2004) by Government Stock (Consequential and Transitional Provision) (No.2) Order 2004 (S.I. 2004/1662), art. 1, Sch. para. 7(3) (with art. 3)
Modifications
- C1
S. 3 extended retrospectively by East India Loans Act 1937 (c. 14), s. 2(4)