Finance (No. 2) Act, 1915

Procedure on death of person entitled to Government stock.

56 & 57 Vict. c. 69.

48. Where the holder of any Government stock dies, the production of probate, confirmation, or letters of administration granted by any court in the United Kingdom having authority to grant the same shall be sufficient authority to the Banks of England and Ireland, to the National Debt Commissioners, to the Postmaster General, and to any savings bank authority to transfer the stock to the person to whom the probate, confirmation, or letters of administration were granted, or as directed by that person.

The expression “Government stock” has the same meaning as in the Savings Bank Act, 1893, as amended by any subsequent enactment.