Parliamentary Deposits Act, 1846

Investment of deposit paid into Bank of England or Bank of Ireland.

4. If the person or persons named in such warrant or order, or the survivors or survivor of them, desire to have invested any sum so paid into the bank of England or the Bank of Ireland, or any interest or dividend which may have accrued on any stocks or securities so transferred or deposited as aforesaid, the court in the name of whose accountant general the same may have been paid may, on a petition presented to such court in a summary way by him or them, order that such sum or such interest or dividends shall, until the same be paid out to the parties entitled to the same in pursuance of this Act, be laid out in the three per centum consolidated or three per centum reduced bank annuities, or any government security or securities, at the option of the aforesaid person or persons, or the survivor or survivors of them.