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The National Savings Stock Register (Closure of Register to Gilts) Order 1998

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  1. Introductory Text

  2. PRELIMINARY

    1. 1.Title and commencement

    2. 2.Interpretation

  3. CLOSURE AND TRANSFER

    1. 3.Exclusion of gilts from registration in the Register

    2. 4.Transfer of existing gilts registrations to the books of the Bank

    3. 5.Transfer to the Bank of rights and liabilities of the Director of Savings

  4. APPLICATIONS AND PROCEEDINGS

    1. 6.Applications to exchange gilts in the Register for gilts in the books of the Bank

    2. 7.Applications to exchange gilts in the books of the Bank for gilts in the Register

    3. 8.Applications for the sale of gilts pending on the specified day

    4. 9.Applications to purchase gilts pending on the specified day

    5. 10.Applications to subscribe for gilts pending on the specified day

    6. 11.Applications to transfer gilts pending on the specified day

    7. 12.Applications to exchange gilts in the Register for gilts in the books of the Bank of Ireland pending on the specified day

    8. 13.Application to exchange gilts in the books of the Bank of Ireland for gilts in the Register pending on the specified day

    9. 14.Old style applications made after the specified day

    10. 15.Adjudications etc pending on the specified day

  5. EXISTING RULES AND ARRANGEMENTS PRESERVED IN CERTAIN CASES

    1. 16.Transitional gilts held by minors

    2. 17.Nominations not carried fully into effect by the specified day where the nominator dies before that day

    3. 18.Effect of nominations where the nominator does not die before the specified day

    4. 19.Existing arrangements for the payment of dividends

    5. 20.Existing arrangements for joint holders to act by majority

    6. 21.Existing arrangements for payments into the National Savings Bank

  6. UNCLAIMED GILTS AND MONEYS

    1. 22.Unclaimed dividends and redemption moneys paid to the Commissioners before the specified day

    2. 23.Unclaimed stock transferred to the Commissioners before the specified day

    3. 24.Moneys entrusted to the Director of Savings before the specified day but not treated as unclaimed before that day

  7. MISCELLANEOUS

    1. 25.Existing certificates and other things to be imputed to the Bank

    2. 26.Warrants issued before the specified day

    3. 27.Payment without a grant of representation where the holder dies before the specified day

    4. 28.Director of Savings to provide relevant records etc to the Bank

    5. 29.Indemnity

    6. 30.Amendments, repeals and revocations

  8. Signature

    1. SCHEDULE 1

      1. AMENDMENTS CONSEQUENTIAL ON ARTICLES 3 AND 4

        1. 1.National Debt Act 1972

        2. 2.National Savings Stock Register Regulations 1976

      2. AMENDMENTS ARISING FROM ARTICLE 18

        1. 3.National Savings Bank Regulations 1972

        2. 4.After regulation 38 of those Regulations, there shall be inserted...

        3. 5.The National Savings Stock Register Regulations 1976

        4. 6.In regulation 39 of those Regulations— (a) after “1st October...

        5. 7.After regulation 39 of those Regulations there shall be inserted...

      3. AMENDMENTS ARISING FROM ARTICLE 21

        1. 8.The Savings Banks (Ordinary Deposits) (Limits) Order 1969

        2. 9.The National Savings Bank (Investment Deposits) (Limits) Order 1977

    2. SCHEDULE 2

      REPEALS AND REVOCATIONS

      1. PART I REPEALS

      2. PART II REVOCATIONS

  10. Explanatory Note

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