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The Government Annuity Table Order 1968

Type Statutory-Instrument
Publication 1968-10-29
State In force
Department Westlaw
Source legislation.gov.uk
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When the average price of £100 of 2 ½ per cent. Consolidate Stock is When the average price of £100 of 2 ½ per cent. Consolidate Stock is When the average price of £100 of 2 ½ per cent. Consolidate Stock is When the average price of £100 of 2 ½ per cent. Consolidate Stock is When the average price of £100 of 2 ½ per cent. Consolidate Stock is When the average price of £100 of 2 ½ per cent. Consolidate Stock is
£37 0s. 0d. or between £37 0s. 0d. and £37 15s. 0d. £37 0s. 0d. or between £37 0s. 0d. and £37 15s. 0d. £37 0s. 0d. or between £37 0s. 0d. and £37 15s. 0d. £37 0s. 0d. or between £37 0s. 0d. and £37 15s. 0d.
Age in years at the time of notional purchase of the person upon whose life the Annuity is to depend Cost of an Immediate Life Annuity of £1 Cost of an Immediate Life Annuity of £1 Age in years at the time of notional purchase of the person upon whose life the Annuity is to depend Cost of an Immediate Life Annuity of £1 Cost of an Immediate Life Annuity of £1
Males Females Males Females
£ s. d. £ s. d. £ s. d. £ s. d.
If 5 and under 6 16 4 5 16 9 10 If 45 and under 46 13 3 8 13 18 8
6 and under 7 16 3 9 16 9 4 46 and under 47 13 0 6 13 16 3
7 and under 8 16 3 0 16 8 10 47 and under 48 12 17 2 13 13 8
8 and under 9 16 2 2 16 8 3 48 and under 49 12 13 8 13 11 0
9 and under 10 16 1 5 16 7 8 49 and under 50 12 10 1 13 8 2
10 and under 11 16 0 6 16 6 11 50 and under 51 12 6 4 13 5 2
11 and under 12 15 19 7 16 6 2 51 and under 52 12 2 5 13 2 0
12 and under 13 15 18 8 16 5 4 52 and under 53 11 18 4 12 18 8
13 and under 14 15 17 9 16 4 7 53 and under 54 11 14 1 12 15 3
14 and under 15 15 16 10 16 3 9 54 and under 55 11 9 8 12 11 8
15 and under 16 15 15 10 16 2 10 55 and under 56 11 5 2 12 7 11
16 and under 17 15 14 11 16 1 11 56 and under 57 11 0 6 12 4 0
17 and under 18 15 13 11 16 1 0 57 and under 58 10 15 8 11 19 10
18 and under 19 15 12 11 16 0 0 58 and under 59 10 10 9 11 15 7
19 and under 20 15 11 10 15 19 0 59 and under 60 10 5 9 11 11 1
20 and under 21 15 10 9 15 17 11 60 and under 61 10 0 9 11 6 7
21 and under 22 15 9 8 15 16 11 61 and under 62 9 15 10 11 2 0
22 and under 23 15 8 6 15 15 10 62 and under 63 9 10 10 10 17 3
23 and under 24 15 7 4 15 14 7 63 and under 64 9 5 9 10 12 4
24 and under 25 15 6 1 15 13 5 64 and under 65 9 0 7 10 7 2
25 and under 26 15 4 10 15 12 3 65 and under 66 8 15 5 10 1 11
26 and under 27 15 3 6 15 11 0 66 and under 67 8 10 3 9 16 5
27 and under 28 15 2 2 15 9 8 67 and under 68 8 5 2 9 10 10
28 and under 29 15 0 8 15 8 5 68 and under 69 8 0 0 9 5 1
29 and under 30 14 19 2 15 7 0 69 and under 70 7 14 10 8 19 3
30 and under 31 14 17 7 15 5 8 70 and under 71 7 9 8 8 13 5
31 and under 32 14 15 11 15 4 3 71 and under 72 7 4 6 8 7 8
32 and under 33 14 14 3 15 2 10 72 and under 73 6 19 5 8 1 10
33 and under 34 14 12 6 15 1 4 73 and under 74 6 14 5 7 16 0
34 and under 35 14 10 8 14 19 9 74 and under 75 6 9 5 7 10 3
35 and under 36 14 8 8 14 18 1 75 and under 76 6 4 6 7 4 7
36 and under 37 14 6 7 14 16 6 76 and under 77 5 19 9 6 18 11
37 and under 38 14 4 6 14 14 10 77 and under 78 5 15 1 6 13 4
38 and under 39 14 2 3 14 13 1 78 and under 79 5 10 6 6 7 10
39 and under 40 13 19 11 14 11 3 79 and under 80 5 6 0 6 2 5
40 and under 41 13 17 6 14 9 4 80 or any greater age 5 1 8 5 17 0
41 and under 42 13 15 0 14 7 5
42 and under 43 13 12 5 14 5 4
43 and under 44 13 9 8 14 3 2
44 and under 45 13 6 9 14 1 0

Table showing the sum for which an Immediate Life Annuity of £1, payable quarterly, could have been bought under Part II of the Government Annuities Act 1929 (19 & 20 Geo.5. c. 29) if the power to grant such annuities had not been repealed by section 33(1) of the Finance Act 1962 (10 & 11 Eliz. 2. c. 44).

When the average price of £100 of 2 ½ per cent.Consolidated Stock is When the average price of £100 of 2 ½ per cent.Consolidated Stock is When the average price of £100 of 2 ½ per cent.Consolidated Stock is When the average price of £100 of 2 ½ per cent.Consolidated Stock is When the average price of £100 of 2 ½ per cent.Consolidated Stock is When the average price of £100 of 2 ½ per cent.Consolidated Stock is
£37 15s. 0d. or between £37 15s. 0d. and £38 10s. 0d. £37 15s. 0d. or between £37 15s. 0d. and £38 10s. 0d. £37 10s. 0d. or between £37 15s. 0d. and £38 10s. 0d. £37 10s. 0d. or between £37 15s. 0d. and £38 10s. 0d.
Age in years at the time of notional purchase of the person upon whose life the Annuity is to depend Cost of an Immediate Life Annuity of £1 Cost of an Immediate Life Annuity of £1 Age in years at the time of notional purchase of the person upon whose life the Annuity is to depend Cost of an Immediate Life Annuity of £1 Cost of an Immediate Life Annuity of £1
Males Females Males Females
£ s. d. £ s. d. £ s. d. £ s. d.
If 5 and under 6 16 9 11 16 15 6 If 45 and under 46 13 6 10 14 2 3
6 and under 7 16 9 2 16 14 11 46 and under 47 13 3 7 13 19 9
7 and under 8 16 8 5 16 14 4 47 and under 48 13 0 2 13 17 1
8 and under 9 16 7 7 16 13 9 48 and under 49 12 16 7 13 14 4
9 and under 10 16 6 9 16 13 1 49 and under 50 12 12 10 13 11 5
10 and under 11 16 5 9 16 12 4 50 and under 51 12 9 0 13 8 4
11 and under 12 16 4 10 16 11 7 51 and under 52 12 5 0 13 5 1
12 and under 13 16 3 10 16 10 9 52 and under 53 12 0 10 13 1 8
13 and under 14 16 2 11 16 9 11 53 and under 54 11 16 6 12 18 1
14 and under 15 16 1 11 16 9 0 54 and under 55 11 12 0 12 14 5
15 and under 16 16 0 11 16 8 1 55 and under 56 11 7 5 12 10 7
16 and under 17 15 19 11 16 7 2 56 and under 57 11 2 8 12 6 6
17 and under 18 15 18 11 16 6 2 57 and under 58 10 17 9 12 2 4
18 and under 19 15 17 10 16 5 2 58 and under 59 10 12 9 11 17 11
19 and under 20 15 16 9 16 4 1 59 and under 60 10 7 8 11 13 4
20 and under 21 15 15 7 16 3 0 60 and under 61 10 2 7 11 8 9
21 and under 22 15 14 5 16 1 11 61 and under 62 9 17 6 11 4 1
22 and under 23 15 13 3 16 0 9 62 and under 63 9 12 5 10 19 3
23 and under 24 15 12 0 15 19 6 63 and under 64 9 7 3 10 14 3
24 and under 25 15 10 9 15 18 4 64 and under 65 9 2 0 10 9 0
25 and under 26 15 9 5 15 17 1 65 and under 66 8 16 9 10 3 7
26 and under 27 15 8 0 15 15 9 66 and under 67 8 11 6 9 18 0
27 and under 28 15 6 7 15 14 5 67 and under 68 8 6 4 9 12 4
28 and under 29 15 5 1 15 13 1 68 and under 69 8 1 1 9 6 6
29 and under 30 15 3 6 15 11 8 69 and under 70 7 15 10 9 0 7
30 and under 31 15 1 11 15 10 3 70 and under 71 7 10 7 8 14 8
31 and under 32 15 0 2 15 8 9 71 and under 72 7 5 5 8 8 10
32 and under 33 14 18 5 15 7 3 72 and under 73 7 0 3 8 2 11
33 and under 34 14 16 7 15 5 8 73 and under 74 6 15 2 7 17 0
34 and under 35 14 14 8 15 4 1 74 and under 75 6 10 1 7 11 2
35 and under 36 14 12 7 15 2 5 75 and under 76 6 5 2 7 5 5
36 and under 37 14 10 6 15 0 9 76 and under 77 6 0 4 6 19 8
37 and under 38 14 8 4 14 19 0 77 and under 78 5 15 7 6 14 1
38 and under 39 14 6 0 14 17 2 78 and under 79 5 11 0 6 8 6
39 and under 40 14 3 7 14 15 4 79 and under 80 5 6 6 6 3 0
40 and under 41 14 1 1 14 13 4 80 or any greater age 5 2 1 5 17 6
41 and under 42 13 18 6 14 11 4
42 and under 43 13 15 10 14 9 2
43 and under 44 13 13 0 14 6 11
44 and under 45 13 10 0 14 4 8

Table showing the sum for which an Immediate Life Annuity of £1, payable quarterly, could have been bought under Part II of the Government Annuities Act 1929 (19 & 20 Geo.5. c. 29) if the power to grant such annuities had not been repealed by section 33(1) of the Finance Act 1962 (10 & 11 Eliz. 2. c. 44).

When the average price of £100 of 2½ per cent.Consolidated Stock is When the average price of £100 of 2½ per cent.Consolidated Stock is When the average price of £100 of 2½ per cent.Consolidated Stock is When the average price of £100 of 2½ per cent.Consolidated Stock is When the average price of £100 of 2½ per cent.Consolidated Stock is When the average price of £100 of 2½ per cent.Consolidated Stock is
£38 10s. 0d. or between £38 10s. 0d. and £39 5s. 0d. £38 10s. 0d. or between £38 10s. 0d. and £39 5s. 0d. £38 10s. 0d. or between £38 10s. 0d. and £39 5s. 0d. £38 10s. 0d. or between £38 10s. 0d. and £39 5s. 0d.
Age in years at the time of notional purchase of the person upon whose life the Annuity is to depend Cost of an Immediate Life Annuity of £1 Cost of an Immediate Life Annuity of £1 Age in years at the time of notional purchase of the person upon whose life the Annuity is to depend Cost of an Immediate Life Annuity of £1 Cost of an Immediate Life Annuity of £1
Males Females Males Females
£ s. d. £ s. d. £ s. d. £ s. d.
If 5 and under 6 16 15 8 17 1 4 If 45 and under 46 13 10 1 14 5 11
6 and under 7 16 14 10 17 0 8 46 and under 47 13 6 9 14 3 4
7 and under 8 16 14 0 17 0 0 47 and under 48 13 3 3 14 0 7
8 and under 9 16 13 2 16 19 4 48 and under 49 12 19 7 13 17 9
9 and under 10 16 12 3 16 18 8 49 and under 50 12 15 9 13 14 9
10 and under 11 16 11 3 16 18 0 50 and under 51 12 11 9 13 11 7
11 and under 12 16 10 3 16 17 3 51 and under 52 12 7 8 13 8 3
12 and under 13 16 9 3 16 16 5 52 and under 53 12 3 5 13 4 9
13 and under 14 16 8 3 16 15 6 53 and under 54 11 19 0 13 1 1
14 and under 15 16 7 3 16 14 7 54 and under 55 11 14 5 12 17 3
15 and under 16 16 6 2 16 13 7 55 and under 56 11 9 9 12 13 3
16 and under 17 16 5 2 16 12 7 56 and under 57 11 4 11 12 9 2
17 and under 18 16 4 1 16 11 7 57 and under 58 10 19 10 12 4 10
18 and under 19 16 3 0 16 10 6 58 and under 59 10 14 9 12 0 4
19 and under 20 16 1 10 16 9 5 59 and under 60 10 9 7 11 15 9
20 and under 21 16 0 8 16 8 3 60 and under 61 10 4 5 11 11 1
21 and under 22 15 19 5 16 7 1 61 and under 62 9 19 2 11 6 3
22 and under 23 15 18 2 16 5 10 62 and under 63 9 14 0 11 1 3
23 and under 24 15 16 11 16 4 7 63 and under 64 9 8 9 10 16 2
24 and under 25 15 15 7 16 3 4 64 and under 65 9 3 5 10 10 10
25 and under 26 15 14 2 16 2 0 65 and under 66 8 18 1 10 5 4
26 and under 27 15 12 9 16 0 8 66 and under 67 8 12 9 9 19 8
27 and under 28 15 11 3 15 19 4 67 and under 68 8 7 6 9 13 10
28 and under 29 15 9 8 15 17 11 68 and under 69 8 2 2 9 7 11
29 and under 30 15 8 1 15 16 6 69 and under 70 7 16 10 9 1 11
30 and under 31 15 6 5 15 15 0 70 and under 71 7 11 6 8 15 11
31 and under 32 15 4 7 15 13 6 71 and under 72 7 6 3 8 9 11
32 and under 33 15 2 9 15 11 11 72 and under 73 7 1 1 8 4 0
33 and under 34 15 0 10 15 10 3 73 and under 74 6 15 11 7 18 1
34 and under 35 14 18 9 15 8 7 74 and under 75 6 10 10 7 12 2
35 and under 36 14 16 8 15 6 11 75 and under 76 6 5 9 7 6 3
36 and under 37 14 14 6 15 5 2 76 and under 77 6 0 10 7 0 5
37 and under 38 14 12 3 15 3 4 77 and under 78 5 16 1 6 14 9
38 and under 39 14 9 11 15 1 5 78 and under 79 5 11 6 6 9 2
39 and under 40 14 7 5 14 19 6 79 and under 80 5 7 0 6 3 7
40 and under 41 14 4 10 14 17 6 80 or any greater age 5 2 6 5 18 1
41 and under 42 14 2 2 14 15 4
42 and under 43 13 19 4 14 13 1
43 and under 44 13 16 5 14 10 9
44 and under 45 13 13 4 14 8 5

Signed

Harry Gourlay — Joseph Harper — Two of the Lords Commissioners of Her Majesty's Treasury — 29th October 1968

Explanatory note

EXPLANATORY NOTE

Section 33 of the Finance Act 1962 terminated the power to grant annuities under section 45 of the Government Annuities Act 1929 except in special cases, but retained the Government Annuity tables which had been primarily to calculate these annuities, since these table are also used to determine certain other payments, and gave the Treasury power to vary them and add new tables.

This Order varies Table C.101 set out in Schedule 2 to the Governmement Annuity Table Order 1963 so that instead of applying whenever the average price of £100 of 2½ per cent. Consolidated Stock is under £40 it only applies when the average price is £39 5s. or between £39 5s. and £40, and adds new tables to cover particulars price ranges all of which were previously covered by Table C.101.

Footnotes

[^f00001]: (1963 II, p. 2009).

[^f00002]: (1954 I, p. 935).

[^f00003]: (1955 I, p. 938).

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