NATIONAL DEBT ACT 1889 - SECT 4 Amendment of law as to payment of dividends on stock.

	[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here: BAILII >> Databases >> Northern Irish Legislation >> NATIONAL DEBT ACT 1889

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

NATIONAL DEBT ACT 1889 - SECT 4

Amendment of law as to payment of dividends on stock.

4.(1) The Banks of England and Ireland respectively may from time to time,
with the concurrence of the Treasury, make regulations for the payment of
dividends on stock either by sending warrants through the post, or by payment
through a banker, or by payment at a country branch.

(2) Where a dividend warrant is sent by post in accordance with any such
regulations, the posting of the letter containing the warrant, addressed in
the manner prescribed by the regulations, shall, as respects the liability of
the Bank, be equivalent to the delivery of the warrant to the stockholder.

Subs.(3)(5) rep. by SLR 1950

(6) This section shall apply to all stock of any company or corporation, funds
or annuities, transferable in the books of the Bank of England or of Ireland
[or in manner provided by regulations made under section forty-seven of the
Finance Act, 1942].

(7) This section shall be construed and have effect as part of the
National Debt Act, 1870.

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/nda1889126/s4.html

Northern Irish Legislation

NATIONAL DEBT ACT 1889 - SECT 4