National Debt Act, 1870

General regulations with respect to stock certificates and coupons.

39. The Banks of England and Ireland respectively, with the sanction of the Treasury, may from time to time issue any forms that may be required for carrying into effect this part of this Act, and may from time to time make any regulations not inconsistent with this part of this Act relative to the following things :

1. The time for which coupons are to be given :

2. The conversion of a stock certificate to bearer into a nominal certificate :

3. The authority under which and the mode in which the Bank are to act in issuing stock certificates or exchanging nominal certificates for certificates to bearer, or registering in their books the holders of stock certificates, or taking any other proceedings in relation to stock authorized to be taken under this part of this Act :

4. The mode of proving the title of or indentifying any person applying for a stock certificate or deriving any title under a stock certificate :

5. The mode of proof of the death or bankruptcy of the nominee or of the marriage of the nominee being a female :

6. The mode of proof of the loss or destruction of a stock certificate or coupon :

7. Any other matter necessary to carry this part of this Act into effect :

Regulations so made before the passing of this Act shall continue in force unless and until altered by regulations made after the passing of this Act under this part thereof.

Any regulation so made before or after the passing of this Act shall be deemed to be part of this Act in the same manner as if it were enacted in this part of this Act.

[S. 40 rep. 55 & 56 Vict. c. 48. s. 8.]