The Irish Registers of Government Stock (Closure and Transfer) Order 2002

Article 10(1)

SCHEDULE 1AMENDMENTS

The National Debt Act 1870

1.  The National Debt Act 1870(1) is amended as follows:

(a)in section 13 for the words “the Banks of England and Ireland shall each” there shall be substituted “the Bank of England shall”;

(b)in section 14(2) for the words “respective chief cashiers of the Banks of England and Ireland” there shall be substituted the words “chief cashier of the Bank of England”;

(c)in section 16 for the words “The respective accountants general of the Banks of England and Ireland shall from time to time inspect and examine all receipts and payments of the respective chief cashiers of those Banks, and the vouchers relating thereto” there shall be substituted “All receipts and payments of the chief cashier of the Bank of England shall from time to time be examined”;

(d)in section 59, for the words “either Bank” there shall be substituted the words “the Bank of England”.

The Finance Act (No. 2) 1915

2.  In section 48 of the Finance Act (No. 2) 1915(3), for the words “Banks of England and Ireland” there shall be substituted the words “Bank of England”.

The Finance Act 1916

3.  In section 66 of the Finance Act 1916(4), for the words “Banks of England and Ireland” there shall be substituted the words “Bank of England”.

The Finance Act 1942

4.  In section 47(1)(b) of the Finance Act 1942, for the words “Banks of England and Ireland” there shall be substituted the words “the Bank of England”.

The National Loans Act 1968

5.  In section 16(7) of the National Loans Act 1968(5), for the words “the Banks of England and Ireland”, there shall be substituted the words “Bank of England”. For the words “the Treasury” to the end, there shall be substituted the words “the Treasury and the Bank of England”.

The Government Stock Regulations 1965

6.  In regulation 23 of the Government Stock Regulations 1965(6) for the definition of “the Bank” there shall be substituted “ “the Bank” means the Bank of England;”.

Article 10(2)

SCHEDULE 2REPEALS AND REVOCATIONS

Part IRepeals

ChapterShort titleExtent of repeal
1870 c. 71The National Debt Act 1870(7)

In section 3, the words “or the Bank of Ireland”.

In section 55, the words “or of Ireland”, where they first appear, and the words “or of Ireland (as the case requires)”.

1891 c. 39The Stamp Act 1891In section 122(1)(8), the words “or at the Bank of Ireland”.
1892 c. 39The National Debt (Stockholders Relief) Act 1892In section 9, the words “or the Bank of Ireland, as the case may require”.
1916 c. 24The Finance Act 1916In section 67(9), the words “or Ireland”.
1937 c. 54The Finance Act 1937In section 28(2)(10), the words “, or, if the application is made to the Bank of Ireland, the Bank of Ireland”.
1942 c. 21The Finance Act 1942Section 47(1)(d).
1955 c. 6The Miscellaneous Financial Provisions Act 1955In section 5(1)(a)(11), the words “, except in relation to stock entered in the books of the Bank of Ireland and to moneys due on any such stock, and in relation to stock so entered and monies due thereon means the Bank of Ireland”.
1964 c. 49The Finance Act 1964Section 24 and Schedule 8, paragraphs 1, 3 and 9(12).
1968 c. 13The National Loans Act 1968In section 14(7), the words “or the Bank of Ireland”.
1975 c. 45The Finance (No 2) Act 1975In section 73(4)(13), the words “or, as the case requires, the Bank of Ireland”.
1988 c. 1The Income and Corporation Taxes Act 1988In section 50(7)(14), the words “or the Bank of Ireland as the case requires”.

Part IIRevocations

NumberTitleExtent of revocation
S.I. 1962/1562The Exchange of Securities (Consolidation) Rules 1962In rule 3(2), the words “the Bank of Ireland”.
S.I. 1962/2167The Exchange of Securities Rules (No 5) 1962In rule 1(1), the words “or the Bank of Ireland as the case may require” and in regulation 2 the words “Securities held at the Bank of Ireland at Belfast” and “The Bank of Ireland at Belfast”.
S.I. 1965/1420The Government Stock Regulations 1965(15)

In regulation 1 the words “, and at the office of the Accountant General at Dublin, and the principal office at Belfast, of the Bank of Ireland”.

Regulation 3(1)(b).

In regulation 6(3) the words “or Irish gilts register”.

Regulation 8(2).

In regulation 12(2), the words “or a request made for the purposes of removing that stock or any part thereof from the English gilts register to the Irish gilts register or from the Irish gilts register to the English gilts register,”.

Regulation 17.

In regulation 18(1), the words “and 17”.

Regulation 18(4).

In regulation 19(1), the words “or a request to remove any stock from the English gilts register to the Irish gilts register or from the Irish gilts register to the English gilts register”.

In regulation 20(1), the words “or a request to remove any stock from the English gilts register to the Irish gilts register or from the Irish gilts register to the English gilts register”.

In regulation 23(1), the definition of the “Irish Register”.

S.I. 1979/1678The Exchange of Securities (General) Rules 1979In rule 3(16), the words “or the Bank of Ireland at Belfast, as the case may require”.
S.I. 1998/1749The Government Stock (Amendment) Regulations 1998In regulation 4(a), the definition of “the Bank”.
(2)

Section 14 was amended by the National Loans Act 1968, section 13(6) and Schedule 5.

(3)

1915 c. 89. Section 48 was abended by the Post Office Act 1969 (c. 48), section 108(1)(a), the Statute Law (Repeals) Act 1986 (c. 12) and S.I. 2001/3755.

(4)

1916 c. 24. Section 66 was amended by the Post Office Act 1969, section 108(1)(b) and the Statute Law (Repeals) Act 1986.

(5)

Section 16(7) was amended by the Post Office Act 1969, section 141 and Schedule 11, the Finance Act 1971 (c. 68), section 68 and the Finance Act 1989 (c. 26) section 187 and Schedule 17 Part XIV.

(6)

The relevant amendment to regulation 23 was made by S.I. 1998/1749, regulation 4(a).

(7)

Section 3 was amended by S.I. 2001/3755. Section 55 was amended by the Bank of England Act 1998 (c. 11), section 9(2).

(8)

Section 122(1) was amended by the Finance Act 1994 (c. 9), section 239(1)(a) and (b)(3), the Finance Act 1996 (c. 8), section 202, Schedule 40 paragraph 1, and the Statute Law (Repeals) Act 1993 (c. 50).

(9)

Section 67 was amended by the Post Office Act 1969 and S.I. 2001/3755.

(10)

Section 28 was amended by the Statute Law Revision Act 1953 (c. 6).

(11)

Section 5(10) was amended by the Statute Law (Repeals) Act 1986.

(12)

Schedule 8 was amended by the Statute Law (Repeals) Act 1974 (c. 22).

(13)

Section 73(4) was amended by S.I. 2001/3755.

(14)

Amendments relating to section 50(7) were made by the Finance (No 2) Act 1997 (c. 58), sections 37(4) and (8).

(15)

Amendments relevant to this provision were made by S.I. 1981/1004, S.I. 1997/1709, S.I. 2000/1681, S.I. 2001/3755, S.I. 1998/1749, S.I. 1985/1146, and S.I. 1999/1410.

(16)

Amendments relevant to this provision were made by S.I. 1998/2505, S.I. 1985/1147, and S.I. 2001/3755.