The Government Annuity Tables Order 1973

• Citation: S.I. 1973/1407
• Sections: 5

Section 1

This Order may be cited as the Government Annuity Tables Order 1973, and shall come into operation on 10th September 1973.

Section 2

The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.

Section 3

(1) Table C.201 set out in Schedule 2 to the Government Annuity Table Order 1968 (which shows the purchase price of an annuity when the average price of £100 2½ per cent. Consolidated Stock is less than £30) shall be varied so that it applies only when that average price is £29⅜ or between £29⅜ and £29⅞.

(2) Table C.202 set out in the said Schedule 2 (which shows the purchase price of an annuity when the average price of £100 2½ per cent. Consolidated Stock is £30 or between £30 and £30.25) shall be varied so that it applies when that average price is £29⅞ or between £29⅞ and £30¼.

Section 4

The Tables set out in Schedule 1 to this Order (which show the purchase price of an annuity when the average price of £100 2½ per cent. Consolidated Stock is less than £29⅜ but not less than £19¼) shall be added to the tables set out in—

(a) Schedule 2 to the Savings Bank Annuities (Tables) Order 1954 ,

(b) Schedule 2 to the Savings Bank Annuities (Tables) Order 1955 ,

(c) Schedule 2 to the Government Annuity Table Order 1963 , and

(d) Schedule 2 to the Government Annuity Table Order 1968.

Section 5

The rules observed in making the variations provided for in article 3 above and in framing the new tables added by article 4 above are set out in Schedule 2 to this Order.