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Provision with respect to war loans.
4 & 5 Geo. 5. c. 60.
22 Geo. 3. c. 45.
41 Geo. 3. c. 52.
56 & 57 Vict. c. 69.
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14.—(1) Any amount raised by the Treasury under the War Loan Act, 1914, which is in their opinion required for the purpose of defraying the expenses of the present war shall be deemed to be duly raised in accordance with the powers given by that Act, notwithstanding that the amount raised may exceed the supply for the time being granted to His Majesty for the service of the year ending the thirty-first day of March nineteen hundred and fifteen: Provided that such excess does not exceed one hundred million pounds.
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(2) None of the provisions of the House of Commons (Disqualification) Act, 1782, or the House of Commons (Disqualifications) Act, 1801, shall be construed so as to extend to any subscription or contribution to any loan raised under the War Loan Act, 1914.
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(3) The definition of Government stock in subsection (2) of section five of the Savings Bank Act, 1893, shall be read as if stock issued under the War Loan Act, 1914, were included in the First Schedule to the said Savings Bank Act, 1893.
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