National Debt Act 1870

National Debt Act 1870[a]
Act of Parliament
coat of arms
Long titleAn Act for consolidating, with Amendments, certain Enactments relating to the National Debt.
Citation33 & 34 Vict. c. 71
Territorial extent United Kingdom
Dates
Royal assent9 August 1870
Commencement9 August 1870[b]
Other legislation
Amended by
Relates to
Status: Partially repealed
Text of statute as originally enacted
Revised text of statute as amended
Text of the National Debt Act 1870 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The National Debt Act 1870 (33 & 34 Vict. c. 71) is an act of the Parliament of the United Kingdom that consolidated enactments related to the national debt of the United Kingdom.[1]

The enactments consolidated by this act and the Forgery Act 1870 (33 & 34 Vict. c. 58) were repealed by section 1 of, and the schedule to, the Statute Law Revision Act 1870 (c. 69).[2]

As of 2026, the act remains partly in force in the United Kingdom.[3]

Subsequent developments

The following enactments were repealed by section 1(1) of, and the first schedule to, the Statute Law Revision Act 1950 (14 Geo. 6. c. 6), which came into force on 23 May 1950.[4]

  • Section 5 to " the respective amounts thereof subsisting at the passing of this Act, and "; the words " due to the several persons who at the passing of this Act are entitled thereto, and their representatives "; the words from " All the annuities " in the first place in which those words occur, to " therein mentioned "; and the words " at the periods and in the manner in the same Schedule mentioned ".
  • Sections 7, 8, 9, 10, 17 and 19.
  • Section 27 to " annuities. But "; and the words " other " and " also ". Section thirty-two the words " or some person deriving title from him by devolution in law as in this part of this Act mentioned " and the words " and on his bankruptcy his assignee, and on the marriage of the nominee being a female, her husband ".
  • Section 37.
  • Section 39 paragraph five, the words " or bankruptcy " and the words " or of the marriage of the nominee being a female ".
  • Section 69.
  • Section 73 the words " receipt of dividends and "; and the words " and to receipt of dividends on stock standing in the names of infants or persons of unsound mind ".
  • Schedule one, all the denominations except the last; the second and third columns; the regulation.
  • Schedule three.

Section 70 of the act was repealed by section 1 of, and the schedule to, the Statute Law Revision Act 1963, which came into force on 31 July 1963.[5]

Section 2 and 4, parts IV and V, and section 73 of, and schedule 2 to, the act were repealed by section 1(1) of, and part III of schedule 1 to, the Statute Law (Repeals) Act 1986, which came into force on 2 May 1986.[6]

Section 74 of the act was repealed by section 1(1) of, and group 1 of part IX of schedule 1 to, the Statute Law (Repeals) Act 1993, which came into force on 5 November 1993.[7]

Notes

References

  1. ↑ "National Debt Act 1870 | LexisNexis". www.lexisnexis.co.uk. Retrieved 13 April 2026.
  2. ↑ The Law Commission and the Scottish Law Commission (November 1985). Statute Law Revision: Twelfth Report. Law Com 150. SLC 99. Cmnd 9648 (PDF) (Report). London: HMSO.
  3. ↑ "National Debt Act 1870", legislation.gov.uk, The National Archives, Vict/33-34 c. 71
  4. ↑ "Statute Law Revision Act 1950", legislation.gov.uk, The National Archives, Geo6/14 c. 6
  5. ↑ "Statute Law Revision Act 1963", legislation.gov.uk, The National Archives, 1963 c. 30
  6. ↑ "Statute Law (Repeals) Act 1986", legislation.gov.uk, The National Archives, 1986 c. 12
  7. ↑ "Statute Law (Repeals) Act 1993", legislation.gov.uk, The National Archives, 1993 c. 50