Colonial Stock Act 1900

JurisdictionUK Non-devolved
Citation1900 c. 62


Colonial Stock Act, 1900

(63 & 64 Vict.) CHAPTER 62.

An Act to amend the Colonial Stock Acts, 1877 and 1892, and the Trustee Act, 1893.

[8th August 1900]

Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:

S-1 Amendment of 40 & 41 Vict. c. 59. s. 19. as to Colonial Stock.

1 Amendment of 40 & 41 Vict. c. 59. s. 19. as to Colonial Stock.

1. For the purpose of enabling the Colonial Stock Acts, 1877 and 1892, to be applied to stock issued before the passing of this Act, it shall not be necessary that any prospectus, notice, stock certificate, coupon, dividend warrant, or other certificate or document issued before the passing of this Act in relation to the stock, should state the particulars required to be stated therein by section nineteen of the Colonial Stock Act, 1877.

S-2 Power for trustees to invest in Colonial Stock.

2 Power for trustees to invest in Colonial Stock.

2. The securities in which a trustee may invest under the powers of the Trustee Act, 1893, shall include any Colonial Stock which is registered in the United Kingdom in accordance with the provisions of the Colonial Stock Acts, 1877and 1892, as amended by this Act, and with respect to which there have been observed such conditions (if any) as the Treasury may by order notified in the London Gazette prescribe.

The restrictions mentioned in section two subsection (2) of the Trustee Act, 1893, with respect to the stocks therein referred to shall apply to Colonial Stock. The Treasury shall keep a list of any Colonial Stocks in respect of which the provisions of this Act are for the time being complied with, and shall publish the list in the London and Edinburgh Gazettes, and in such other manner as may give the public full information on the subject.

S-3 Application to Scotland.

3 Application to Scotland.

3. In the application of this Act to Scotland the words ‘Trusts (Scotland) Amendment Act, 1884,’ shall be substituted for the words ‘Trustee Act, 1893,’ where those words first occur in section two, and the restrictions mentioned at the end of the said section shall apply.

S-4 Short title.

4 Short title.

4. This Act may be cited as theColonial Stock Act, 1900, and the Colonial Stock Acts, 1877 and 1892, and this Act may be cited collectively as the...

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