The Government Bearer Bond (Prescribed Securities) Order 1965

Type Statutory-Instrument
Publication 1965-02-10
State In force
Department Westlaw
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Made: 10th February 1965

Laid before Parliament: 17th February 1965

Coming into Operation: 18th February 1965

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

per cent Savings Bonds 1965-1975 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 1965 and shall come into operation on 18th February 1965.

Signed

Harriet Slater — Ifor Davies — Two of the Lords Commissioners of Her Majesty's Treasury — 10th February 1965

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 1965-1975 as a security to which the section applies.

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