LegalizeThe Government Bearer Bond (Prescribed Securities) Order 1964
Made: 26th November 1964
Laid before Parliament: 2nd December 1964
Coming into Operation: 3rd December 1964
The Treasury, in pursuance of the powers conferred on them by section 71(2) of the Finance Act 1963, hereby make the following Order:—
1
3 per cent Savings Bonds 1960–1970 is hereby prescribed as a security to which section 71 of the Finance Act 1963 applies.
2
The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.
3
This Order may be cited as the Government Bearer Bond (Prescribed Securities) Order 1964 and shall come into operation on 3rd December 1964.
Signed
G. H. R. Rogers — J. McCann — Two of the Lords Commissioners of Her Majesty's Treasury — 26th November 1964
Explanatory note
EXPLANATORY NOTE
Section 71 of the Finance Act 1963 entitles the registered holder of a Government security to which the section applies to receive a bearer bond in lieu of the whole or any part of his holding. This Order prescribes 3 per cent Savings Bonds 1960–1970 as a security to which the section applies.
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