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NATIONAL DEBT ACT 1870 - SECT 23 

Transfer by executors, &c.

23. The interest of a stockholder dying (before or after the passing of
this Act) in stock shall be transferable by his executors or administrators,
notwithstanding any specific bequest thereof.

The Bank of England or of Ireland shall not be required to allow any executors
or administrators to transfer any stock until the probate of the will of or
the letters of administration to the deceased has or have been left with the
Bank for registration, and may require all the executors who have proved the
will to join in the transfer.

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© 1870 Crown Copyright

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