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FINANCE (NO. 2) ACT 1915 - SECT 48

Procedure on death of person entitled to Government stock.

48. Where the holder of any Government stock dies, the production of probate,
confirmation, or letters of administration granted by any court in the United
Kingdom having authority to grant the same shall be sufficient authority to
the Banks of England and Ireland, to the National Debt Commissioners, to [the
Director of Savings], and to any savings bank authority to transfer the stock
to the person to whom the probate, confirmation, or letters of administration
were granted, or as directed by that person.

The expression "Government stock" has the same meaning as in the Savings Bank
Act, 1893, as amended by any subsequent enactment.


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© 1915 Crown Copyright

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