# The National Savings Stock Register Regulations 1976, Regulation 3: Commissioners to hold stock in books of Bank of England


(1) There shall be held by the Commissioners and registered in their names in the books of the Bank of England an amount of stock and securities equivalent to the total amount of stock and securities which are on the National Savings Stock Register and are stock and securities to which this Regulation applies.
(2) The Director of Savings shall from time to time give notice to the Commissioners of the amounts and descriptions of such stock and securities on the register as are stock and securities to which this Regulation applies, and the Commissioners shall from time to time cause to be effected the necessary adjustments in the amount of stock and securities registered in their names in the books of the Bank of England so that the stock and securities so registered may correspond with the amounts and descriptions of the stock and securities on the National Savings Stock Register which are stock and securities to which this Regulation applies.
(3) This Regulation shall apply only to stock and securities which are of a description corresponding to stock and securities transferable in the books of the Bank of England.

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Source: https://www.legislation.gov.uk/uksi/1976/2012/regulation/3 (the official version)
Page: https://openlegislation.uk/national-savings-stock-register-regulations-1976/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.