The Elusive Life Annuity

“If such person or persons for whose life or lives such Estates have beene or shall be granted as aforesaid shall remaine beyond the Seas or elsewhere absent themselves in this Realme by the space of seaven yeares together and noe sufficient and evident proofe be made of the lives of such person or persons respectively in any Action commenced for recovery of such Tenements by the Lessors or Reversioners in every such case the person or persons upon whose life or lives such Estate depended shall be accounted as naturally dead, And in every Action brought for the recovery of the said Tenements by the Lessors or Reversioners their Heires or Assignes, the Judges before whom such Action shall be brought shall direct the Jury to give their Verdict as if the person soe remaining beyond the Seas or otherwise absenting himselfe were dead….If the supposed dead Man prove to be alive, then the Title is revested. Action for mean Profits with Interest.”

The Cestui Que Vie Act, 1666.

When blessed living souls are incarnated as Men and Women on Planet Earth, they are almost always registered with the government of their country of our birth. Undisclosed to their parents is the knowledge that each newborn is then allocated a legal person, as well as a Life Annuity, in the CAPITALISED version of the given and family names, reputedly valued at what the government’s creditors perceive to be the potential value of the individual’s labour (also known as Sweat Equity) over the course of an average working lifetime.

From Bouviers Law Dictionary:

ANNUITY, contracts. An annuity is a yearly sum of money granted by one party to another in fee for life or years, charging the person of the grantor only. Co. Litt. 144; 1 Lilly’s Reg. 89; 2 Bl. Com. 40; 5 M. R. 312; Lumley on Annuities. 1; 2 Inst. 293; Davies’ Rep. 14, 15.

It is believed by some that each child is valued at the figure resulting from the division of a country’s resources by its working population at the time of birth. While it is still unclear as to whether this system was designed for the benefit of the people, the beneficial interest of an implied trust has been claimed for the purposes of reducing the so-called ‘national debt’.

Unbelievable though it may sound, it seems increasingly likely that each registered individual has a Life Annuity in the their legal person’s name, the proceeds of which were claimed by the Treasury for the benefit of the public purse, when the annuity is deemed ‘abandoned property’, following the failure of their legal guardians to claim it within seven years of of its creation; facts which were willfully concealed by those who had an legal obligation to disclose them, also known as fraud by non-disclosure.

The statutory provisions clearly demonstrate that the proceeds of the abandoned annuities are then pooled in the Consolidated Funds and National Loans Accounts by the National Debt Commissioners. Although there is very little material evidence to substantiate the claim, some researchers also believe birth registration represents the pledging of a baby’s future labour to the State, as security and surety for the fiat currency and the bankrupt National Government’s debts, in return for the benefit privileges it provides to the people, all too often in the form of inadequate public services run for profit, rather than the benefit of the people.

There are certainly a myriad of ways in which we are tricked into granting our tacit legal consent to commercial agreements by corporate entities of all descriptions. When we accept an alleged traffic violation to avoid the hassle of going to court or to avoid being charged a heavier arbitrary penalty, we are granting our consent to be governed according to the Secretary of State’s fee schedule for the public highway, just like we do when we apply for, accept and sign a driving license in our legal person’s name.

Similarly, when we plead guilty to a speeding offence to the Clerk to the Justices, we are granting our consent to be bound by the verdict of the magistrate’s court where the charges are filed. Just agreeing to be ‘the defendant’ or standing in the dock, comprises our consent to be judged according the ruling of a de facto commercial tribunal, which always assumes the validity of the charges brought before them and too often pays scant regard to any facts presented by the accused, rushing to a summary conviction before the court has even convened for the financial benefit of the Crown.

Pursuant to the established conventions on private and international law, the agreement of the parties is the law, unless there is a dispute over matters pertaining that agreement, in which case, the laws of the location the agreement was made and/or executed will apply, unless there is disagreement over which laws apply, in which case the matter will most likely be resolved by the appropriate application of the established conventions.

No agreement of any kind, anywhere on this planet, is legally enforceable unless there has been a meeting of the minds, with full disclosure given to all concerned and affected parties at the time of execution, due consideration, performance and the provable, voluntary consent of the parties to the terms and conditions contained therein.

Therefore, the concealment of significant facts pertaining to the Life Annuity is what invalidates any and all invisible and/or adhesion contracts between our legal person and the state. The fact that our parents were never furnished with the knowledge that the birth document is a certificate for an annuity, may well represent a clear case of fraud by non-disclosure, which would automatically vitiate any and all existing and related agreements with the government and its agencies, ab initio.

The UNIDROIT INTERNATIONAL COMMERCIAL CONTRACT PRINCIPLES 2004 clearly state:

Article 3.8 – Fraud

A party may avoid the contract when it has been led to conclude the contract by the other party’s fraudulent representation, including language or practices, or fraudulent non¬disclosure of circumstances which, according to reasonable commercial standards of fair dealing, the latter party should have disclosed.

Following thousands of hours trawling through hundreds of acts of Parliament, statutes, conventions, statutory instruments and codes, it seems plausible that the failure to register our entitlement to the beneficial interest of the Life Annuity initiates the operation of law which grants the National Debt Commissioners the legal right to claim the proceeds of the implied trust as abandoned funds, when the real beneficiary is presumed to be ‘lost at sea or dead’, pursuant to the Cestui Que Vie Act 1666.

It also seems clear that if and when the rightful nominee produces the Certified Copy of an Entry, along with the appropriate declaration to the National Debt Commissioners, there are statutory provisions for the beneficial interest to be returned to the principal, with interest. However, assembling the pieces of this puzzle is systematically complex enough for one to assume that certain parties have long-standing vested interests to protect.

I am not suggesting for one moment that this researcher might not be missing a highly revealing piece of the puzzle, but if I am, whose lives are government annuities based upon, if they are not dependent upon the lives of the people?

Government Annuities Act 1929, Repealed Sections

PART I.

GOVERNMENT ANNUITIES.

1. (1) Subject to the provisions of this Part of this Act, the National Debt Commissioners (in this Act referred to as the Commissioners), may grant-

(a) immediate or deferred life annuities, that is to say, annuities depending on a single life, or on two joint lives and the life of the survivor, or on the joint continuance of two lives.

(b) immediate or deferred annuities for years, that is to say, annuities to continue for a certain limited term of years.

Provided that no deferred annuity for years shall be granted to commence after the death of any specified person.

(2) The Commissioners may refuse to grant any annuity under this Part of this Act in any case where there are, in the opinion of the Commissioners, sufficient grounds for refusing so to do.

2. (1) The Commissioners may accept as consideration for an annuity-

a) the transfer of any amount, not less than one hundred pounds, of Government stock, or

b) the transfer of any amount of annuities for a certain term of years, payable as part of the permanent annual charge for the National Debt, or the payment of money, in each case equal in value to not less than one hundred pounds of consolidated stock; or

c) in the case of a deferred life annuity, the payment in money of a sum not less than five pounds a year payable at such time or times in each year and subject to such regulations as the Commissioners may direct.

Provided that, where the annuity is a further annuity granted to the same person who purchased a former annuity, and depending on the same life or lives, the consideration may be any amount not less than twenty pounds of Government stock, or the equivalent of twenty pounds of consolidated stock in terminable annuities or money.

(2) Transfers of stock and annuities and payment of money for the purchase of annuities shall be accepted at such days and times only as the Commissioners may by notice in the London Gazette appoint for the purpose.

(3) For the purposes of this Act the expression

“ Government stock “ means stock, annuities and securities of the following classes (not being stock, annuities or securities registered in the Post Office Register), that is to say :-

a) two and a half per cent. consolidated stock within the meaning of the National Debt
c. 2. (Conversion) Act, 1888 (in this Act referred to as consolidated stock).

b) perpetual annuities payable as part of the permanent annual charge for the National
Debt.

c) any securities (in this Act referred to as war securities) issued under the War Loan Acts, 1914 to 1919.

National Debt c. 2. (Conversion) Act, 1888

(1)The new stock shall consist of a capital stock of perpetual annuities, which shall . . . F1 yield dividends at the rate of two pounds [F250p] per cent. per annum.

(2)The new stock . . . F3 shall be redeemable by Parliament on such notice, at such time or times, and either in one sum or in such sums or proportions, and in such order and manner as Parliament may direct, at the rate of one hundred pounds sterling for every one hundred pounds of the capital sums in respect of which the annuities constituting the stock are payable, together with the payment of all arrears of those annuities, including the proportionate part accrued since the last date for payment of dividends.

(3)The new stock shall form part of the National Debt, and the annuities constituting the same shall be payable by equal quarterly dividends on the fifth day of January, the fifth day of April, the fifth day of July, and the fifth day of October in every year . . . F1

(4)The new stock shall be called . . . F1 two and a half per cent. consolidated stock.

(5)The dividends on the new stock shall be charged on [F4the National Loans Fund with recourse to] the Consolidated Fund of the United Kingdom . . . F5, and the provisions of the M1National Debt Act 1870, shall apply in the same manner, so far as is consistent with this Act, as if the new stock were one of the stocks of perpetual annuities described in the First Schedule to the National Debt Act 1870, . . . F3

National Debt Act 1870

THE FIRST SCHEDULE F1F2F3F4
Annotations:
Amendments (Textual)
F1Words substituted by virtue of Decimal Currency Act 1969 (c.19), s. 10 (1)
F2Denominations repealed by Statute Law Revision Act 1950 (c. 6)
F3Columns repealed by Statute Law Revision Act 1950 (c. 6)
F4Regulation repealed by Statute Law Revision Act 1950 (c. 6)

Stocks; Dividend Days; Redemption

Denominations of the several Stocks of Perpetual Annuities. . . . . . .
. . . . . . . . .Two pounds [50p] per centum annuities. . . . . . .
. . . F1
Annotations:
Amendments (Textual)
F1Regulation repealed by Statute Law Revision Act 1950 (c. 6)

Government Annuities Act 1929, Repealed Sections cont’d

3. A person purchasing a life annuity may nominate himself or any other person as a person on whose life the annuity is to depend (in this Part of this Act referred to as a nominee), so, however, that a nominee must be of the age of fifteen years or upwards at the time of nomination, and must, unless he is also the purchaser, or one of the purchasers, be a native of and usually resident within the United Kingdom, the Isle of Man or the Channel Islands.

4. (1) Before any stock or annuities are transferred, or money is paid, to the Commissioners for the purchase of a life annuity, there shall be delivered to the Comptroller-General or other officer acting under the Commissioners a declaration signed by the person desirous of purchasing the annuity, or by a person on his behalf, stating the name of the person by whom or on whose behalf the annuity is to be purchased, the name of the nominee, or, as the case may be, the names of both the nominees, and such other particulars as the Commissioners may direct, and there shall also be produced to such officer such proof of age of the nominee or each nominee as may appear to the Commissioners to be satisfactory, and such declaration of identity, as is in this section mentioned.

Provided that, where any person proposed as a nominee is a person on whose life an annuity has previously been granted it shall not be necessary to produce further proof of the age of that person, but where the person desirous of purchasing the annuity is not the same as the person who purchased the previous annuity depending on the life of that nominee, a declaration as to the identity of the proposed nominee with the person on whose life the previous annuity was granted shall be produced to the Commissioners.

(2) The declaration of identity required shall be a declaration by the purchaser of the annuity or one of the purchasers, or by some person on his or their behalf, that the person named in the certificate of birth or baptism, or declaration as to age, tendered in proof of age is the person who is appointed to be nominee.

(3) Where a certificate of the baptism and not of the birth of any person is produced, the age of that person shall for the purposes of this Part of this Act be calculated as if he had been born on the date of baptism.

5. A person intending to purchase an annuity for quired in respect of annuities for years, or some person on his behalf, shall sign and years produce to the Commissioners such a declaration of his intention as the Commissioners may approve.

6. (1) The annuity to be granted shall be calculated annuity. and ascertained according to the age of the nominee, or the continuance of the term, as the case may be, and according to the average price of consolidated stock on the day preceding the date of the authority or certificate hereinafter mentioned.

(2) Where the consideration for the annuity is consolidated stock, the annuity shall be of such amount as the consolidated stock would purchase according to such tables approved by the Treasury under this Part of this Act as are for the time being in force.

(3) Where the consideration for the annuity consists of other Government stock or annuities or money, the stock, annuities or, money shall first be converted into terms of consolidated stock, according, in the case of stock or annuities, to the average price thereof, to be ascertained as hereinafter mentioned, and the annuity shall be calculated with reference to the amount of consolidated stock produced by such conversion, and whenever the consideration is a sum of money, a charge of two shillings and sixpence shall be made for every entire one hundred pounds of consolidated stock produced by such conversion as aforesaid.

(4) Where the amount of the annuity so calculated produces a fraction less than fourpence, the fractional part of the annuity less than fourpence shall be omitted from the annuity.

(5) For the purposes of ascertaining the average price of stock and annuities according to which the amount of annuity to be granted under this Part of this Act is to be so calculated, the Bank of England shall on every day on which any Government stock or annuities have been bought at the Bank of England cause to be made out and transmitted to the Comptroller-General an account of the average price at which such stock and annuities have been bought on that day, and a copy of the account shall be put up in some conspicuous place in the office of the Comptroller-General, for the purpose of enabling persons to ascertain the price at which stock or annuities may be transferred or money laid out in the purchase of annuities.

(6) If no stock or annuities have been so bought on any day, the calculation shall be made in accordance with the average price of the stock or annuities on the nearest preceding day.

(7) The amount of every annuity shall be calculated and ascertained by the Comptroller-General or other officer acting under the Commissioners, and checked by the actuary or other check officer of the check branch in the office of the Commissioners.

7. (1) Where in the case of a life annuity the necessary proofs of age and identity have been produced and the amount of the annuity checked as aforesaid, the Comptroller-General or other officer of the Commissioners shall give to the purchaser of the annuity an authority for the Bank of England to accept the consideration for the annuity.

(2) Where in the case of an annuity for years the necessary declaration has been produced and the amount of the annuity checked as aforesaid, the Comptroller- General or other officer of the Commissioners shall grant a certificate to the purchaser, and transmit a duplicate of the certificate to the Bank of England, and shall also when the consideration consists of a money payment give to the purchaser an authority for the Bank of England to accept the payment.

(3) As soon as the transfer or payment of the consideration has been made in the case of a life annuity, the Commissioners shall give a receipt to the person by whom or on whose behalf the transfer or payment is made.

(4) As soon as the transfer or payment of the consideration has been made in the case of an annuity for years, the Bank, upon the production of such original certificate as aforesaid, shall give a receipt to the person by whom or on whose behalf the transfer or payment is made.

(5) Such receipt as aforesaid shall be a discharge for the stock or annuities transferred or the moneys paid as consideration, and the purchaser shall thereupon become entitled to the annuity.

(6) As soon as the purchaser has become so entitled to the annuity he shall, in the case of a life annuity, if so required by the Commissioners, sign an acceptance thereof in the books of the Commissioners himself or by his duly authorised agent, and in the case of an annuity for years, if so required by the Bank of England, sign an acceptance thereof in the books of the Bank of England himself or by his duly authorised agent.

(7) No such authority as aforesaid, and, when stock or annuities are transferred as consideration for an annuity for years, no such certificate as aforesaid, shall continue valid to authorise the transfer of stock or annuities or the payment of money being made after the expiration of five days from the date of the authority or certificate.

(8) Any person appointed by the Commissioners for the purpose is hereby authorised to accept the transfer of stock or annuities under this section.

(9) Any sum of money paid to the Bank of England upon production of any such authority as aforesaid shall be accepted by the Bank.

The Government Annuities Act 1929 (still in full force and effect)

(8) (1)The quarterly payments of life annuities shall be made by the Commissioners by warrants, addressed to the Bank of England, upon proof of the existence of the nominee, or, if the annuity depends on two joint lives and the life of the survivor, of either of the nominees, or, if the annuity depends on the joint continuance of two lives, of both the nominees, either—

a)by the personal appearance of such nominee or nominees before an officer of the Commissioners on the quarterly day for payment or some day subsequent thereto; or

b)by the production of such certificate and declaration as are in this section mentioned; or

c)by other evidence to the satisfaction of the Commissioners.

(2)The certificate so required shall be a certificate by any person prescribed in that behalf by a warrant of the Treasury that the nominee was living on a day specified in the certificate, being the quarterly day for payment, or some day subsequent thereto.__

(3)The declaration so required shall be a declaration by a person entitled to the life annuity, or some person on his behalf, stating that the person mentioned in the certificate is the nominee or one of the nominees on whose life the annuity depends, and where an annuity depends on the life of two nominees and the life of the survivor, the declaration, if referring to one only of the nominees, shall state whether the other of the two nominees is living or dead, and, if living, his usual place of residence, or that the person making the declaration is wholly ignorant whether such other nominee is living or dead, or of his place of residence, as the case may be.