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Section 18 Adjustment of account as regards accumulations of fractions of a penny on the dividends of the National DebtF1

United Kingdom

The Registrar of Government Stock shall from time to time, when required by the Treasury, certify to the Treasury the amount in his hands arising from fractions of a penny not paid on account of dividends on the national debt, and the Treasury may by warrant direct the Registrar of Government Stock to repay the same to the National Loans Fund.

Annotations

Textual amendments

F1

S. 18 substituted (1.7.2004) by The Government Stock (Consequential and Transitional Provision) (No. 2) Order 2004 (S.I. 2004/1662), art. 2, Sch. paras. 1, 4 (with art. 3)