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NATIONAL DEBT ACT 1870 - SECT 60

Order in favour of second claimant showing title.

60. Provided, that if in any case a new claimant establishes his title to any
stock or dividends re-transferred or paid to a former claimant, and is unable
to obtain transfer or payment thereof from the former claimant,
the Court of Chancery shall, on application by petition by the new claimant,
verified as the Court requires, order the National Debt Commissioners to
transfer to him such sum in stock, and to pay to him such sum in money for
dividend, as the Court thinks just.

Such transfer shall be made from stock transferred to the National Debt
Commissioners under this part of this Act; and such money for dividend shall
be paid from dividends received by those Commissioners on stock so
transferred, or the accumulations thereof, ... or from other money at their
disposal.

Ss.61, 62 rep. by 1949 c.47 s.52(10) sch.11 Pt.II; 1955 c.6 (4 & 5 Eliz.2)
s.5(15) sch.2 Pt.III. S.63 rep. by 1955 c.6 (4 & 5 Eliz.2) s.5(15) sch.2
Pt.III. S.64 rep. by 1892 c.48 s.8(3) sch. Pt.I. S.65 rep. by 1955 c.6 (4 & 5
Eliz.2) s.5(15) sch.2 Pt.III


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© 1870 Crown Copyright

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