12 & 13 GEO. 6

Export Guarantees Act, 1949

CH. 14

7.--(1) A guarantee given under this Act may be given on such Supplementary terms and conditions as to the consideration for the giving of the provisions as guarantee and otherwise as may be determined in accordance with to guarantees. the arrangements made for giving that guarantee.

(2) References in sections one and two of this Act to the liability of the Board of Trade in respect of a guarantee shall be construed exclusively of any liability in respect of interest on any principal moneys the payment of which is the subject of the guarantee.

8. The Export Guarantees Acts, 1939 to 1948, and the Repeals. Overseas Trade Guarantees Act, 1939, are hereby repealed.

9.-(1) This Act may be cited as the Export Guarantees Short title and Act, 1949.

interpretation.

(2) In this Act the following expressions have the meanings hereby assigned to them respectively, that is to say :—

"business" includes a profession;

"Consolidated Fund" means the Consolidated Fund of the United Kingdom, and includes the growing produce thereof;

64

'guarantee" includes any contract to indemnify, whether

wholly or in part, against loss of any description; repealed enactments means the enactments specified in the last foregoing section, any enactment repealed by any of those enactments, and any enactment repealed by an enactment so repealed.

}

TABLE OF STATUTES REFERRED TO IN THIS ACT.

Short Title.

Export Guarantees Act, 1937

г

Export Guarantees Act, 1939

Overseas Trade Guarantees Act, 1939

National Loans Act, 1939

Export Guarantees Act, 1945

:

:

Session and Chapter.

1 Edw. 8 & 1 Geo. 6. c. 61.

2 & 3 Geo. 6. c. 5.

2 & 3 Geo. 6. c. 47.

2 & 3 Geo. 6. c. 117.

...

8 & 9 Geo. 6. c. 9.

Printed by Swift (Printing & Duplicating), Ltd., for

PERCY FAULKNER, C.B.

Controller of Her Majesty's Stationery Office and Queen's Printer of Acts of Parliament

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