Cyprus Act 1960

9(1)Subject to the provisions of this paragraph, the Colonial Stock Acts, 1877 to 1948, shall apply in relation to the Republic of Cyprus as they apply in relation to a Dominion within the meaning of the Colonial Stock Act, 1934.

(2)In section twenty of the Colonial Stock Act, 1877 (which relates to the jurisdiction of courts in the United Kingdom as to colonial stock) for the second paragraph there shall be substituted the following subsections, that is to say—

“(2)Any person claiming to be interested in colonial stock to which this Act applies, or in any dividend thereon, may institute civil proceedings in the United Kingdom against the registrar in relation to that stock or dividend.

(3)Notwithstanding anything in the foregoing provisions of this section, the registrar shall not by virtue of an order made by any court in the United Kingdom in any such proceedings as are referred to in this section be liable to make any payment otherwise than out of moneys in his possession in the United Kingdom as registrar.”.

(3)The Colonial Stock Act, 1934, shall apply in relation to stock of the Republic of Cyprus as if in paragraph (a) of subsection (1) of section one of that Act for any reference to Her Majesty's Government in the Dominion or to the Parliament of the Dominion there were substituted a reference to the Government or the Legislature of the Republic of Cyprus, and for any reference to any legislation being submitted for the Royal Assent there were substituted a reference to that legislation becoming law.

(4)During any period on and after the appointed day during which there is in force as part of the law of the Republic of Cyprus any instrument passed or made before that day which makes provision corresponding to the undertaking required by paragraph (a) of subsection (1) of section one of the said Act of 1934, paragraphs (a) and (b) of that subsection shall be deemed to have been complied with in the case of the Republic of Cyprus.