SCHEDULE 1 Specified Securities

SCHEDULE 1 Specified Securities

Section 2

1

(1)     Securities issued by Her Majesty's Government in the United Kingdom or the Government of Northern Ireland, not being excluded securities.

(2)     In sub-paragraph (1) above “excluded securities†means—

(a)     securities in respect of which a stock certificate issued under Part V of the National Debt Act 1870 is for the time being outstanding;

(b)     any other bearer securities; and

(c)     any securities for the time being registered on the National Savings Stock Register.

2

Securities the payment of interest on which is guaranteed by Her Majesty's Government in the United Kingdom or the Government of Northern Ireland.

3

Securities issued in the United Kingdom by any public authority or nationalised industry or undertaking in the United Kingdom.

4

(1)     Securities issued in the United Kingdom by the government

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