SCHEDULE 1 Incidental and Supplemental Provisions as to the Government Stock and Sums payable by the Bank to the Treasury
Bank of England Act 1946 (1946 c 27) | Legislation

SCHEDULE 1 Incidental and Supplemental Provisions as to the Government Stock and Sums payable by the Bank to the Treasury

Section 1

1

The principal of and interest on the Government stock, and any expenses incurred in connection with the issue or redemption thereof, shall be charged on and issued out of [the National Loans Fund with recourse to] the Consolidated Fund of the United Kingdom .Ìý.Ìý. (hereafter in this Schedule referred to as “the Consolidated Fundâ€).

2

.Ìý.Ìý.

3

The interest on the Government stock shall be payable on the fifth day of April and the fifth day of October in each year.

4

.Ìý.Ìý.

5

.Ìý.Ìý.

6

Section forty-seven of the Finance Act 1942 (which empowers the Treasury to make regulations as respects the transfer and registration of stock and registered bonds of the descriptions specified in

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