Government Loans (Conversion) Act, 1951

Definitions.

1.—In this Act—

“the Minister” means the Minister for Finance;

“Government loan” means any of the following:

(a) the 5% Second National Loan, 1950-60,

(b) the 4½% Third National Loan, 1950-70,

(c) the 4% Conversion Loan, 1950-70,

(d) the 4% Exchequer Bonds, 1950-60,

(e) any other security charged on the Central Fund and created and issued, whether before or after the passing of this Act, by the Minister;

“new loan” means, in relation to a Government loan, any such security charged on the Central Fund as the Minister creates and issues under this Act for the purpose (whether alone or with other purposes) of the conversion of holdings of the stock of such Government loan;

“the redemption date” means, in relation to a Government loan, the date of the redemption thereof under the relevant redemption;

“stockholder” means a person, or a number of persons jointly, holding any of the stock of a Government loan.