Government Offices Security Act 1838

JurisdictionUK Non-devolved
Citation1838 c. 61
Anno Regni VICTORI, Britanniarum Regin,Primo. An Act to amend an Act for enabling Persons to make Deposits of Stock or Exchequer Bills in lieu of giving Security by Bond to the Postmaster General and Commissioners of Land Revenue, Customs, Excise, Stamps, and Taxes.

(1 & 2 Vict.) C A P. LXI.

[31st July 1838]

'WHEREAS by an Act passed in the Sixth and Seventh Years of the Reign of His late Majesty KingWilliam the Fourth, intituled , it is enacted, that it shall be lawful for any Person or Persons or for any Bodies Corporate from whom any such Security is required, and who may be desirous of adopting the Provisions of that Act in lieu of giving the same by Bond, by and with the Consent of the Commissioners of His then Majesty's Treasury, or any Three or more of them, to transfer into the Name of the Postmaster General, or of the Chief Commissioner of His said Majesty's Woods, Forests, Land Revenues, Works, and Buildings, or of the Chairman for the Time being of the Commissioners of that Department of the Revenue in respect of which such Security is required, in the Books of the Governor and Company of the Bank ofEngland , so much of any Public Stock standing in the said Books in the Name or Names of such Person or Persons or Bodies Corporate, or to deposit in the Bank of England in the Name of the said Postmaster General or Chief Commissioner, or of such Chairman, such an Amount of Exchequer Bills as shall be, in the Judgment of the said Commissioners of His said Majesty's Treasury, or any Three or more of them, a sufficient Security and Indemnification against all Contraventions of the Duty or Purpose for the due Performance of which such Security was required: And whereas it is further enacted, that when any Stock shall be transferred or any Deposit of Exchequer Bills shall be made in pursuance of that Act, the said Stock shall be transferred into, and the said Exchequer Bills shall be deposited in, the Name of His said Majesty's Postmaster General, the said Chief Commissioner, or the Chairman of the Board of Customs, Excise, or Stamps and Taxes, as the Case may be; and the Account into which such Stock shall be transferred, or in which such Deposit shall be made, shall be so headed in the Books of the Governor and Company of the Bank of England: And whereas it is by the said Act further enacted, that the Dividends upon all such Stock so transferred, and the Interest upon all Exchequer Bills so deposited, shall be paid to the Receivers General of...

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