Where stock is transferred under this part of this Act all dividends accruing thereon after the transfer shall be paid to the National Debt Commissioners, and shall . . . F1 be placed to their account of unclaimed dividends.
All such dividends . . . F1 shall be held by those Commissioners for the public, subject to the claims of the parties entitled thereto.
Textual Amendments
F1Words repealed by Finance Act 1949 (c. 47), Sch. II Pt. VII
Modifications etc. (not altering text)
C1S. 54 modified by Finance Act 1949 (c. 47), s. 47(2)