Finance Act, 1921

Amendment of s. 60 of 6 & 7 Geo. 5. c. 24.

9 & 10 Geo. 5. c. 37.

47. The powers of the Treasury under section sixty of the Finance Act, 1916 (which empowers the Treasury to carry out arrangements for the exchange of securities issued under any War Loan Act) may be exercised at any time unless and until Parliament otherwise determines, and the said section shall have effect as if it formed part of section one of the War Loan Act, 1919, and the provisions of the said section one shall apply accordingly.