Sinking Fund Act, 1875

Supplemental provisions as to new and old sinking funds.

8. The Treasury shall publish from time to time in the London Gazette the sums which will be issued by them in pursuance of this Act in each quarter of a financial year to the National Debt Commissioners.

All annuities, bonds, bills, and loans purchased or redeemed by the National Debt Commissioners in pursuance of this Act shall be forthwith cancelled in such manner as the Treasury may from time to time direct; and any such direction shall be a sufficient indemnity to the Bank of England and the Bank of Ireland for anything done in pursuance thereof.