Paragraph 5A F1

In securities issued in the United Kingdom by

(i)

the International Bank for Reconstruction and Development or by the European Investment Bank or by the F2European Union, being securities registered in the United Kingdom; or

(ii)

the Inter-American Development Bank;

being securities in respect of which the rate of interest is variable by reference to one or more of the following:

(a)

the Bank of England’s minimum lending rate;

(b)

the average rate of discount on allotment on 91-day Treasury Bills;

(c)

a yield on 91-day Treasury Bills;

(d)

a London sterling inter-bank offered rate;

(e)

a London sterling certificate of deposit rate.

Annotations

Textual amendments

F1: Para. 5A added by virtue of S.I. 1977/1878, art. 3
F2: Words in Act substituted (22.4.2011) by The Treaty of Lisbon (Changes in Terminology) Order 2011 (S.I. 2011/1043), arts. 2, 3, 4 (with arts. 3(2)(3), 4(2), 6(4)(5))

Notes on the whole Act

Textual amendments

F1: Act ceases to have effect in part (S.) (1.4.2010) by virtue of The Local Government Investments (Scotland) Regulations 2010 (S.S.I. 2010/122), regs. 1, 4

Notes on Schedule FIRST

Modifications

C1: Sch. 1 extended (24.6.2003) by The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003 (S.I. 2003/1633), reg. 1(1), Sch. 2 para. 2(b)
C2: Sch. 1 extended (24.6.2003) by The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003 (S.I. 2003/1633), reg. 1(1), Sch. 2 para. 8(2)(a)