# Stock Transfer Act 1982, Paragraph 1


(1) Securities issued by Her Majesty’s Government in the United Kingdom or the Government of Northern Ireland, not being excluded securities.
(2) In sub-paragraph (1) above “excluded securities” means—
(a) securities in respect of which a stock certificate issued under Part V of the National Debt Act 1870 is for the time being outstanding;
(b) any other bearer securities; and
(c) any securities for the time being registered on the National Savings Stock Register.

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Source: https://www.legislation.gov.uk/ukpga/1982/41/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/stock-transfer-act-1982/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.