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Monies paid in on savings banks account to be invested by national debt commissioners in bank annuities or Exchequer bills.
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15. The said commissioners shall cause all the monies paid into the Banks of England and Ireland respectively, and placed to their account in pursuance of the provisions of this Act, to be invested from time to time, under such regulations as the said commissioners shall direct, in the purchase of bank annuities or Exchequer bills, or in either of them, in their names, and to be carried to the account herein-before provided; and the interest which shall arise from time to time and become due thereon shall in like manner be invested in the purchase of Government annuities or of Exchequer bills as aforesaid.
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