Savings Certificates Regulations 1972
Jersey R & O 5679
National
Debt Act 1958.
Post
Office Act 1969.
____________
SAVINGS CERTIFICATES REGULATIONS 1972.
____________
(Registered on the 30th day of June,
1972).
____________
ARRANGEMENT
OF REGULATIONS.
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PRELIMINARY.
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1.
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Citation and commencement.
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2.
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Interpretation.
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ISSUE
AND PURCHASE OF CERTIFICATES.
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3.
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Issue, purchase and recording of
certificates.
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4.
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Persons entitled to purchase and hold
certificates.
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5.
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Maximum holding of certificates.
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REPAYMENT
OF CERTIFICATES.
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6.
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Applications for repayment.
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7.
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Repayment warrants.
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8.
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Repayment in case of persons under 7 years of age and mentally
disordered persons.
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9.
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Repayment in case of certificate held by
persons jointly.
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10.
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Repayment to friendly societies, etc.
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11.
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Repayment in case of bankrupts.
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TRANSFER OF CERTIFICATES AND ADDITION OF NAMES.
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12.
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Transfers and addition of names.
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NOMINATIONS.
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13.
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Power of holder of certificate to
nominate.
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14.
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Form of nomination.
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15.
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Validity, retention and acknowledgment of
nomination.
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16.
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Revocation of nomination.
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17.
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Particulars to be
furnished by nominator to Director of Savings.
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18.
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Operation of nomination.
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PAYMENT
IN CASE OF DEATH.
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19.
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Payment under grant of representation.
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20.
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Payment without a grant of
representation.
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21.
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Law applicable on holder’s death.
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22.
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Death duties.
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MISCELLANEOUS.
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23.
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Persons under disability.
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24.
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Payments into National Savings Bank.
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25.
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Loss of certificates, etc.
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26.
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Forfeiture of certificates.
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27.
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Persons unable to write.
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28.
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Rectification of mistakes.
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29.
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Settlement of disputes.
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30.
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Notice of trust not receivable by
Director of Savings.
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31.
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Exemption from stamp duty.
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32.
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Fees for birth, death and marriage
certificates.
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33.
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Indemnity of Treasury, Director of
Savings and officers.
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34.
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Saving of rights of third parties.
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35.
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Form of documents.
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36.
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Evidence of identity, etc.
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37.
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Obligation of secrecy.
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38.
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Saving for rights of joint holders, etc.
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39.
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Application to Scotland.
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40.
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Application to Northern Ireland.
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41.
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Application to the Isle of Man.
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42.
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Application to the Channel
Islands.
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43.
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Revocation and savings.
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Schedule – Regulations revoked.
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National
Debt Act 1958.
Post
Office Act 1969.
____________
SAVINGS CERTIFICATES REGULATIONS 1972.
____________
THE TREASURY, in exercise of the powers
conferred on them by section 12 of the National Debt Act 1958,
as amended by section 110 of the Post Office Act 1969,
and of all other powers enabling them in that behalf, hereby make the following
Regulations: -
PRELIMINARY
Citation and commencement.
1. These
Regulations may be cited as the Savings Certificates Regulations 1972, and
shall come into operation on 1st
June 1972.
Interpretation.
2.-(1) In these Regulations, unless the context
otherwise requires –
“amount repayable”, in relation to any certificate,
includes any interest which has accrued due in respect of that certificate;
“certificate” means a certificate issued under the name
of a war savings certificate or a national savings certificate by the Treasury
through the department of the Postmaster General or under the auspices of the
Director of Savings for the purpose of raising money authorised
to be raised by any Act;
“friendly society” means a friendly society registered
under the Friendly
Societies Act 1896 or a branch registered under that Act of a
friendly society so registered;
“mentally disordered person”, in the application of
these Regulations to England
and Wales,
means a person who is incapable, by reason of mental disorder within the
meaning of the Mental
Health Act 1959 of
managing and administering his property and affairs;
“multiple certificate” means a certificate representing
any number of unit certificates and entitling the holder to receive the
aggregate amount of the sums repayable in respect of that number of unit
certificate;
“receiver”, in the application of these Regulations to England
and Wales,
means, in relation to any act or thing done in respect of a mentally disordered
person, a receiver or other person authorised in that
behalf under Part VIII of the Mental Health Act 1959;
“Treasury Solicitor” means the Solicitor for the
affairs of Her Majesty’s Treasury;
“trustee savings bank” means any trustee savings bank
within the meaning of the Trustee Savings Banks Act 1969;
“unit certificate” means, in relation to certificates
of any series, a certificate issued on payment of the minimum amount for which
a certificate of that series is issued.
(2) Any reference
in these Regulations to the provisions of any enactment or regulations shall be
construed, unless the context otherwise requires, as a reference to those
provisions as amended by any other enactment or regulations.
(3) The Interpretation Act 1889
shall apply for the interpretation of these Regulations as it applies for the
interpretation of an Act of Parliament, and as if these Regulations and the
Regulations hereby revoked were Acts of Parliament.
ISSUE AND PURCHASE OF CERTIFICATES
Issue, purchase and recording of certificates.
3.-(1) Certificates shall be issued at such
places as the Director of Savings shall determine and by such persons as he
shall authorise.
(2) An application
to purchase a certificate shall be made in a manner approved by the Director of
Savings, and, for the purposes of any such application, the applicant shall
deliver to the Director of Savings such documents and other information in
writing as he may require.
(3) The names of
all persons who are for the time being holders of certificates shall be
recorded by the Director of Savings.
Persons entitled to purchase and hold certificates.
4.-(1) A certificate may be purchased and held
by any of the following persons or by any two or more such persons jointly,
that is to say –
(a) any person who has attained the age
of seven years and who is not under any legal disability otherwise than by
reason of his age;
(b) a friendly society;
(c) any other body of persons which the
Director of Savings may in his discretion approve for the purpose, either
generally or with respect to any particular purchase.
(2) Subject to the
provisions of these Regulations, a certificate may be purchased –
(a) on behalf of and in the name of a
person under the age of seven years, by any other person; and
(b) on behalf of and in the name of a
mentally disordered person, by his receiver;
and any certificate so purchased shall be deemed to be held by the
person on whose behalf it is purchased.
(3) Subject to the
provisions of these Regulations, a certificate may be either –
(a) purchased and held by a trustee or
by two or more trustees jointly; or
(b) purchased by a person acting as
trustee on behalf of –
(i) any
person entitled under sub-paragraph (a)
of paragraph (1) of this Regulation to purchase and hold a certificate; or
(ii) any person
under the age of seven years,
and in the joint names of the trustee and the beneficiary, in which
case the certificate shall be held by them jointly:
Provided that no certificate shall be purchased under sub-paragraph (a) of this paragraph by a trustee or
trustees on behalf of any body of persons (other than a friendly society),
whether corporate or unincorporate, without the approval of the Director of
Savings, which approval may be either general or limited to a particular
purchase.
(4) Where a
certificate is purchased and held by a trustee or trustees under sub-paragraph (a) of paragraph (3) of this
Regulation, he or they may be described in the records kept by the Director of
Savings as trustee or trustees of a specified trust or as a trustee or trustees
without specifying a trust.
(5) Where a
certificate has been purchased on behalf of a person who was, at the date of
the purchase, under the age of seven years, the Director of Savings may, at any
time after that person has attained the age of seven years, require a specimen
of his signature.
Maximum holding of certificates.
5.-(1) A person shall not purchase any
certificates, or hold any certificates purchased on his behalf under Regulation
4(2) of these Regulations, if the total number of unit certificates which will
be held by him immediately after the purchase (whether solely or jointly with
any person) will exceed –
(a) 500, in the case of certificates
issued not later than 31st March 1947 the price of issue of which is less than
£1 per unit certificate, and
(b) 250, in the case of certificates
issued not later than 31st March 1947 the price of issue of which is £1
per unit certificate, and
(c) 1,000, in the case of certificates
issued after 31st March 1947 but not later than 31st January 1951, and
(d) 1,400, in the case of certificates
issued after 31st January 1951 but not later than 31st July, 1956, and
(e) 1,200, in the case of certificates
issued after 31st July 1956 but not later than 12th March 1963, and
(f) 600, in the case of
certificates issued after 12th March 1963 but not later than 27th March 1966,
and
(g) 1,500, in the case of certificates
issued after 27th March 1966 but not later than 4th October 1970, and
(h) 1,000, in the case of certificates
issued after 4th October
1970.
(2) For the purposes
of this Regulation, a person who is a trustee or who holds certificates as a
beneficiary jointly with a trustee shall be treated separately in his personal
capacity and in his capacity as trustee and in his capacity as such
beneficiary, and in either of the last two capacities separately in respect of
each separate trust fund; and so much of the property in the hands of a trustee
shall be treated as a separate trust fund as is held on trusts which (as
respects the beneficiaries or their respective interests or the purposes of the
trust or as respects the powers of the trustee) are not identical with those on
which other property in his hands is held.
(3) In calculating
for the purposes of this Regulation the total number of unit certificates which
a person holds, a multiple certificate shall be taken to be such number of unit
certificates as is represented by the multiple certificate, but no account
shall be taken of any certificate which that person holds and which –
(a) was purchased by him or on his behalf
out of moneys payable to him on account of a gratuity in respect of service in
the 1914–1918 war and formed part of a special issue made in connection
with war service gratuities, or
(b) has been acquired by him –
(i) as
a member of a savings group working under the rules of the Provident Scheme of
the National Savings Committee for England and Wales or of the National Savings
Committee for Scotland, or
(ii) under the
Pensioners’ Savings Scheme of the Department of Health and Social
Security.
REPAYMENT OF CERTIFICATES
Applications for repayment.
6.-(1) Application for payment of the amount
repayable in respect of a certificate shall (subject to the provisions of these
Regulations relating to payment in the case of special classes of persons) be
made by the holder of the certificate in writing in a manner approved by the
Director of Savings.
(2) In the case of
a multiple certificate, an application may be made for repayment in respect of
any number of the unit certificates represented by the multiple certificate.
(3) The holder of
a certificate, being a person who has attained the age of seven years, may,
subject to the approval of the Director of Savings, authorise
any person to apply for or receive on his behalf the amount repayable in
respect of the certificate.
Repayment warrants.
7.-(1) Except where the Director of Savings
otherwise directs, every payment of an amount repayable in respect of a
certificate shall be made by a warrant; and accordingly every application for
payment of any such amount shall be treated as implying an authority to him to
issue a warrant for that amount and to pay it in accordance with the terms of
the warrant, and the death of the person who made the application for repayment
shall not of itself determine such authority; but if the Director of Savings
receives notice that the applicant has died or has countermanded such
authority, the Director of Savings shall not issue the warrant or, if it has
already been issued, shall take all reasonable steps to stop payment thereof.
(2) The provisions
of section 76, subsections (1), (3), (4) and (5) and, so far as it relates to
crossed cheques, subsection (6) of section 77, and sections 78, 79, 80 and 81
of the Bills of
Exchange Act 1882 (which relate to crossed cheques) and of sections
3 and 4 of the Cheques
Act 1957 (which
relate to unindorsed cheques as evidence of payment
and to the protection of collecting bankers) shall apply to any crossed warrant
issued under these Regulations as if the warrant were a cheque drawn on the
Director of Savings by the officer issuing the warrant, but nothing in these
Regulations shall make any such warrant negotiable.
(3) An uncrossed
warrant shall not be paid until the receipt for the amount thereby payable has
been duly signed by the payee or by some person authorised
by the payee to receive payment:
Provided that, where such a warrant is paid to a person purporting
to be the payee or to be a person authorised by the
payee to receive payment, then, notwithstanding that the receipt on the warrant
was signed by some person being neither the payee nor a person so authorised, the making of the payment shall be a full
discharge to the Treasury and to the Director of Savings for the amount
thereof, if it is shown that the payment was made in good faith and without
negligence, and that the making of the payment is attributable to some act or
omission on the part of the holder of the certificate to which the warrant
relates or on the part of the payee or the person so authorised.
(4) Notwithstanding
anything in paragraph (3) above, where an uncrossed warrant for the amount
repayable in respect of any certificate is made payable to the holder of the
certificates, it may be paid to another person who signs the receipt on the
warrant and forthwith reinvests the amount of the payment in certificates in
the name of the holder of the repaid certificates; and the making of the
payment shall be a full discharge to the Treasury and to the Director of
Savings for the amount thereof.
(5) Except where
the Director of Savings otherwise directs, a warrant shall not be paid until
the certificate in respect of which the repayment is to be made has been
delivered to the Director of Savings.
(6) An uncrossed
warrant shall be payable at the place named in the warrant or otherwise in
accordance with the directions contained therein, and a crossed warrant shall
be payable at the office in London
of the Director of Savings or at such other place as he may direct.
(7) For the
purpose of determining the amount repayable in respect of a certificate, the
payment of the amount repayable thereunder shall be deemed to be effected on
the date on which the warrant is issued.
(8) The posting of
a letter containing a warrant addressed to any person at the last address
furnished by him to the Director of Savings shall, as regards the liability of
the Treasury or the Director of Savings, be equivalent to the delivery of the
warrant to the person to whom the letter was addressed.
Repayment in case of persons under 7 years of age and mentally
disordered persons.
8.-(1) Subject to the provisions of this
Regulation, no repayment shall be made in respect of a certificate held by a
person under the age of seven years.
(2) An application
for repayment in respect of a certificate held by a mentally disordered person
shall be made by his receiver.
(3) Where it is
shown to the satisfaction of the Director of Savings that any person holding,
or having an interest in, a certificate is either a person under the age of
seven years or a mentally disordered person for whose estate no receiver has
been appointed, the Director of Savings may, if he thinks fit, pay the whole or
any part of the amount repayable in respect of the certificate to any person
who satisfies him that he is a proper person to receive payment.
Repayment in case of certificate held by persons jointly.
9.-(1) Application for payment of the amount
repayable in respect of a certificate held in the names of two or more persons
as joint holders shall be made by all those persons or, in the case of the
death of one or more of them, by the survivors:
Provided that –
(a) where one of any joint holders of a
certificate, being a trustee for the other or others of them, becomes bankrupt
or a mentally disordered person, the application may be made by the other or
others of them without the concurrence of the trustee in bankruptcy or the
receiver, if any, and the Director of Savings, if he thinks fit, may, without
any such concurrence, pay the amount repayable in respect of the certificate in
the same manner as if the trustee in question were not one of the holders of
the certificate; and
(b) where one of any joint holders of a
certificate is the Public Trustee, the application may be made by him alone,
and the Director of Savings shall pay the amount repayable in respect of the
certificate to the Public Trustee alone.
(2) The joint
holders of a certificate may authorise any person,
including one of themselves, to act as their agent for the purpose of receiving
on their behalf any amount repayable in respect of the certificate.
Repayment to friendly societies, etc.
10.-(1) Any application for payment of the
amount repayable in respect of certificates held by a friendly society or any
other body of persons, corporate or unincorporate, shall be made by that society
or body in the names of the persons specified as the persons authorised to apply for repayment on behalf of the society
or body in any direction given to the Director of Savings from time to time by
the society or body in a form approved by the Director of Savings or, where no
such direction has been given, in the names of such persons as the Director of
Savings may approve.
(2) Where, in
pursuance of these Regulations, any amount is repayable to any friendly society
or other body of persons, whether corporate or unincorporate, a receipt for the
amount may be given by any person purporting to be an agent or officer of that
society or body authorised to receive the repayment.
Repayment in case of bankrupts.
11. Where it is
shown to the satisfaction of the Director of Savings that a receiving order has been made against any person who is the sole
holder of a certificate, or that a trustee has been appointed in the bankruptcy
of any such person, or that an order for the administration in bankruptcy of the
estate of a deceased sole holder has been made, the Director of Savings may, if
he thinks fit, on an application made in that behalf by the Official Receiver or trustee, pay to the Official Receiver or the
trustee, as the case may be, the amount repayable in respect of that
certificate.
TRANSFER OF CERTIFICATES AND ADDITION OF NAMES
Transfers and addition of names.
12.-(1) Every transfer of a certificate shall be
effected by the Director of Savings causing the name of the person to whom the
certificate is to be transferred to be recorded as the holder thereof.
(2) The Director
of Savings may in his discretion refuse to transfer a certificate, but shall,
if he so refuses, forthwith send an intimation of his refusal to the person
desiring the transfer:
Provided that nothing in this paragraph shall affect any right of a
nominee.
(3) A certificate
shall not be transferred except on a written application in that behalf made,
in a manner approved by the Director of Savings, by the holder of the
certificate, and every such application must, except where the Director of
Savings otherwise directs, be accompanied by the certificate to which it
relates.
(4) On the receipt
of an application duly made for the transfer of a certificate, the Director of
Savings, if he is satisfied that the transfer can lawfully be made under these
Regulations and ought to be made, shall forthwith cause the certificate to be
transferred in accordance with the application, and the death of the applicant
shall not of itself determine the authority given by the applicant for the
transfer to be made; but if the Director of Savings receives notice before the
certificate is transferred that the applicant has died, the transfer shall not
be made.
(5) On the
application of the holder of a certificate, the Director of Savings may, if he
thinks fit and subject to the provisions of these Regulations, cause the names
of any persons to be recorded as joint holders of the certificate with the
applicant.
(6) Notwithstanding
anything in paragraph (3) of this Regulation, where a certificate is held
by any person as a trustee jointly with the beneficiary, the Director of
Savings may, if he thinks fit, on the application of any person being a holder
of the certificate cause the certificate to be transferred either to the
beneficiary alone or to the beneficiary and another trustee.
(7) This
Regulation shall, so far as applicable, apply, in the event of the death of the
holder of a certificate, to the transfer of the certificate, and, in
particular, any person to whom the amount repayable in respect of the
certificate may be paid in accordance with the provisions of these Regulations
may, subject to the provisions of these Regulations, instead of obtaining
payment of the amount repayable, apply for the transfer of the certificate into
his name or the name of another person.
NOMINATIONS
Power of holder of certificate to nominate.
13.-(1) Subject to the provisions of these
Regulations, a holder of a certificate, being a person who has attained the age
of sixteen years, may make a nomination directing that, on his death, his
interest in any certificate then held by him shall devolve in such manner as
may, in accordance with the provisions of paragraph (2) of this
Regulation, be provided by the nomination.
(2) A nomination
may provide –
(a) that the interest of the nominator
in all certificates held by him at the date of his death shall devolve on any
one or more persons specified in the nomination; or
(b) that the interest of the nominator
in such of those certificates as may be specified in the nomination shall
devolve on any nominee or nominees so specified; or
(c) where there is more than one
nominee, that the interest of the nominator in different certificates shall
devolve on different nominees.
Form of nomination.
14. Every
nomination shall be made in writing in a form approved by the Director of
Savings and shall be signed by the nominator in the presence of a witness, and
the signature of the nominator shall be attested by the witness.
Validity, retention and acknowledgment of nomination.
15.-(1) A nomination shall be of no effect
unless it is sent to the Director of Savings during the lifetime of the
nominator.
(2) The Director
of Savings may in his discretion refuse to accept any nomination received by him,
and upon a notification of the refusal of the Director of Savings to accept a
nomination being sent to the nominator, the nomination shall be of no effect.
(3) The Director
of Savings shall retain every nomination received by him, and shall, as soon as
may be after the receipt of a nomination, send to the nominator (whether by
post or otherwise) an acknowledgment of the receipt of the nomination and, if
the Director of Savings refuses to accept the nomination, a notification of his
refusal.
Revocation of nomination.
16.-(1) A nomination shall be revoked –
(a) by the death of the nominee or,
where there is more than one nominee, of all the nominees in the lifetime of
the nominator;
(b) so far as relates to the interest
thereunder of any nominee, being one of two or more nominees, by the death of
that nominee in the lifetime of the nominator, unless the interest of that
nominee is disposed of by the nomination;
(c) by the marriage of the nominator;
(d) by written notice of revocation
given in accordance with this Regulation;
(e) subject as hereinafter provided, by
a subsequent nomination duly made in accordance with these Regulations by the
same nominator, disposing of the nominator’s interest in any certificate
to which the previous nomination relates;
but a nomination shall not be revoked by any other act, event or
means whatsoever:
Provided that a nomination disposing of the nominator’s
interest in any certificate to which a previous nomination relates shall
operate as a revocation of that nomination so far only as it relates to that
certificate.
(2) A notice of
revocation for the purposes of these Regulations shall be signed by the
nominator in the presence of a witness, and the signature of the nominator
shall be attested by the witness, and the notice shall be of no effect unless
it is despatched to the Director of Savings during
the lifetime of the nominator.
(3) Notwithstanding
that a nomination has been revoked by the marriage of the nominator, any
payment or transfer which, before the marriage comes to the knowledge of the
Director of Savings, is made by him in respect of any certificate held by the
nominator at the date of his death, being a payment or transfer which would
have been a lawful payment or transfer if the nomination had not been so revoked,
shall, subject to the provisions of these Regulations for saving the rights of
third parties, be as valid as if the nomination had not been so revoked.
Particulars to be furnished by nominator to Director of Savings.
17.-(1) A nominator shall, on making a
nomination, furnish to the Director of Savings such particulars of the
certificates held by him at the date of the nomination as the Director of
Savings may require.
(2) Where, by
reason of the failure of a nominator to comply with the foregoing requirements
of this Regulation, any money payable in respect of all or any of the
certificates held by the nominator at the date of his death is paid, or any
transfer of such certificates is made, to a person other than the nominee or a
person claiming through him, that payment or transfer shall, subject to the
provisions of these Regulations for saving the rights of third parties, be as
valid as if the nomination had not been made.
Operation of nomination.
18.-(1) On the death of any nominator, the
Director of Savings shall, as the nominee or nominees may require, either pay
the amount repayable in respect of the certificates which are the subject of
the nomination to him or them, or as he or they may direct, or transfer such
certificates to him or them:
Provided that –
(a) a nominee shall not be entitled
under this paragraph to have any certificates transferred to him unless he is
entitled under paragraph (1) or (2) of Regulation 4 of these Regulations
to hold a certificate;
(b) the witness to the signature of a
nominator shall not be entitled to take any benefit under the nomination;
(c) if, on the death of a nominator,
any nominee is under the age of sixteen years, the Director of Savings shall
not make any payment or transfer any certificate to, or at the request of, that
nominee until he attains that age, but may –
(i) if
it is shown to the satisfaction of the Director of Savings that it is expedient
that the said amount or any part thereof should be paid and applied for the
maintenance or otherwise for the benefit of that nominee, pay the said amount
or that part thereof to any person who satisfies the Director of Savings that
he will apply it for such purposes as aforesaid; or
(ii) at the
request of the nominee, re-invest the said amount or any part thereof in new
certificates, which shall then be treated as if they were the certificates
which were the subject of the nomination;
(d) where it appears to the Director of
Savings that the estate of the nominator, apart from the certificates
nominated, is insufficient to meet the funeral expenses or satisfy any claims
of creditors of the nominator of which the Director of Savings has notice
(including, in a case where the nominator was domiciled in Scotland, claims
under the Succession
(Scotland) Act 1964 and in respect of jus relicti,
jus relictae or legitim), he may, if he thinks fit,
apply the amount repayable in respect of the certificates, or any part thereof,
in or towards payment of such funeral expenses or in or towards satisfaction of
the claim of any person in respect of such funeral expenses paid by that person
or of the claims of any such creditors.
(2) Where a
nominee dies after the death of the nominator, but before any sum has been
paid, or the certificate has been transferred, to him as nominee, the certificate
shall, subject to the provisions of these Regulations, be deemed to have been
transferred to the nominee immediately before the date of his death.
(3) Notwithstanding
any rule of law to the contrary, any nominee to whom a payment may be made under
this Regulation may sign a receipt therefor if he has attained the age of
sixteen years, and the receipt shall be a valid receipt without the signature
of any other person.
PAYMENT IN CASE OF DEATH
Payment under grant of representation.
19.-(1) In the event of the death of the holder
of a certificate, the production of probate or letters of administration
granted, or having effect as if granted, in respect of personal estate
comprising the certificate by a court in the United Kingdom, the Isle of Man or
the Channel Islands, or of a certified copy thereof, shall, subject to the
provisions of these Regulations, be sufficient authority to the Director of
Savings to pay the amount repayable in respect of the certificate, or to
transfer the certificate, to the person to whom the grant was made, or as
directed by that person.
(2) Where any sum
repayable in respect of a certificate is paid, or a certificate is transferred,
in purported pursuance of this Regulation, the payment or transfer shall,
notwithstanding the invalidity of, or any defect in, the probate or letters of
administration, be deemed for the purposes of these Regulations to have been
duly made.
(3) Nothing in
this Regulation shall affect the operation of any nomination duly made under
these Regulations.
Payment without a grant of representation.
20.-(1) Where, on the death of any person, being
the sole holder of certificates the amount repayable in respect of which does
not, at the time of his death, exceed in the aggregate £500, probate of
his will or letters of administration to his estate is not or are not produced
to the Director of Savings within such time as he thinks reasonable in the
circumstances of the case, the Director of Savings, if he thinks fit, may,
without requiring probate or letters of administration, pay the amount
repayable in respect of those certificates, or any part of that amount –
(a) to a person appearing to the
Director of Savings to be entitled to take out probate of the will of the
deceased or letters of administration to his estate;
(b) where the deceased has left a will
(being a will with respect to which the Director of Savings is satisfied that
probate or letters of administration with the will annexed would be granted),
to any person to whom the amount repayable or any part thereof would, in the
opinion of the Director of Savings, be payable under such will, if probate
thereof or letters of administration with the will annexed were granted;
(c) to any person who satisfies the
Director of Savings that he is entitled to receive the amount repayable or any
part thereof in right of his being –
(i) a
person who has paid the funeral expenses of the deceased; or
(ii) a creditor of
the deceased; or
(iii) a person who
has a beneficial interest in the estate of the deceased;
(d) if the deceased was a British
subject and his next of kin appears to the Director of Savings to reside
outside the United Kingdom, the Isle of Man and the Channel Islands, to any
officer or authority who, in the opinion of the Director of Savings, may properly
be entrusted with the duty of distributing the amount repayable;
(e) if the deceased was a seaman of a
foreign country, being a country with which a treaty has been made in respect
of the payment of moneys due to seamen, to the consular authority of that
country;
(f) if the deceased was a foreign
subject, not being a seaman to whom the provisions of the last preceding
sub-paragraph apply, to the consular authority of the country to which the
deceased belonged, or to such other authority as appears to the Director of
Savings to be appropriate, subject in either case to the Director of Savings
being satisfied that the amount repayable will be duly distributed;
(g) in a case where the estate of the
deceased appears to the Director of Savings to have devolved upon the Crown,
the Duchy of Lancaster or the Duchy of Cornwall, to the Treasury Solicitor, the Solicitor for the Affairs of the Duchy of
Lancaster or the Solicitor for the Affairs of the Duchy of Cornwall, as the
case requires:
Provided that where a person to whom any sum may be paid under
sub-paragraph (b) or (c) of this paragraph has died before
payment has been made to him, that sum or any part thereof may be paid to any
person to whom it might have been paid if the first mentioned person had, immediately
before his death, been the sole holder of the certificates in question.
(2) Notwithstanding
any rule of law to the contrary, any person to whom a payment may be made under
sub-paragraph (b) or (c) of paragraph (1) of this
Regulation or under the proviso to that paragraph may sign a receipt therefor
if he has attained the age of sixteen years, and the receipt shall be a valid
receipt without the signature of any other person, and where any person to whom
a payment may be so made is unable, by reason of his age or for any other
reason whatsoever, to give a discharge therefor under these Regulations, the
Director of Savings may make the payment to any person who satisfies him that
he will apply it for the maintenance or otherwise for the benefit of the first
mentioned person.
(3) Subject to the
provisions of the last preceding paragraph, the Director of Savings, in making
any payment under sub-paragraph (b)
or (c) of paragraph (1) of this
Regulation or under the proviso to that paragraph, shall, unless he is of
opinion that hardship or inconvenience would be thereby caused, have regard to
the rules of law relating to the distribution of the estates of deceased
persons, but, if he is of that opinion, may depart from those rules in such
manner and to such extent as he considers just.
(4) In this
Regulation the expression “will” includes a codicil.
(5) Nothing in
this Regulation shall affect the operation of any nomination duly made under
these Regulations.
Law applicable on holder’s death.
21. Where, in
the event of the death of the holder of a certificate, any payment in respect
of the certificate made under these Regulations is made in accordance with the
law of the place where the holder of the certificate resided at the date of his
death, that payment shall, unless notice in writing to the effect that the
holder was, at that date, domiciled in some other place has been received by
the Director of Savings before the payment was made, be deemed for the purposes
of these Regulations to have been duly made.
Death duties.
22.-(1) Where, on the death of the holder of any
certificate (not being a certificate in respect of which it is shown to the
satisfaction of the Director of Savings that the deceased holder had no
interest therein otherwise than as a trustee), the aggregate value of the
specified assets (hereinafter defined) exceeds £3,000, the Director of
Savings shall, before making any payment in respect of, or transferring, the
certificate, require the production of a statement from the Commissioners of Inland
Revenue to the effect either that no death duties are payable in respect of the
certificate or that any death duties so payable have been paid :
Provided that the production of such a statement shall not be
required –
(a) where the repayment or transfer is
made to or as directed by the legal personal representative of the holder, or
the Public Trustee, or the Official Receiver, or the trustee in bankruptcy of
the estate of the deceased holder;
(b) where the deceased holder was at
the time of his death domiciled in Northern Ireland, the Isle of Man or the Channel Islands.
(2) In this
Regulation the expression “the specified assets” means the
following assets (not being assets in respect of which it is shown to the
satisfaction of the Director of Savings that the deceased holder had no
interest therein otherwise than as a trustee): -
(a) the total amount which would have
been repayable (if repayment had been demanded) at the date of the death of the
holder in respect of all certificates recorded in his name alone or in his name
jointly with any other person;
(b) the total amount (including
interest) which, at the date of the death of the holder, stands to the credit
of all accounts in his name alone, or in his name jointly with any other
person, in the National Savings Bank;
(c) all stock and securities registered
on the National Savings Stock Register at the date of the death of the holder
in his name alone or in his name jointly with any other person (not being stock
or securities recorded on the parts of the National Savings Stock Register kept
by trustee savings banks);
(d) any amount repayable and any other
sum payable in respect of all premium savings bonds recorded in the
holder’s name;
(e) the total amount (including any
bonus or interest) which would have been repayable (if repayment had been
demanded) at the date of the death of the holder in respect of all savings
contracts entered into by him and registered by the Director of Savings under a
contractual savings scheme certified by the Treasury in accordance with section
415(2) of the Income
and Corporation Taxes Act 1970.
(3) For the
purposes of this Regulation, the value of the stock and securities referred to
in paragraph (2)(c) of this
Regulation shall be –
(a) in the case of National Development
Bonds, British Savings Bonds and any other securities which can be held only on
the National Savings Stock Register, the nominal capital amount thereof; and
(b) in all other cases, the market
value thereof at the date of the death of the holder.
MISCELLANEOUS
Persons under disability.
23. If any
person holding, or having an interest in, any certificate is a mentally
disordered person or is under legal disability for any other reason except his
age alone, anything which under these Regulations is required or authorised to be done by or to the holder of the
certificate shall or may be done by or to the receiver or other person having
power in law to administer his estate.
Payments into National Savings Bank.
24.-(1) Where the Director of Savings is unable
for any reason to obtain a valid discharge for any payment falling to be made
to any person in respect of a certificate, he may, unless other provision for
dealing with the payment has been made by any enactment, open an account in the
National Savings Bank in the name of the person to whom the payment is due, and
may, until payment can be made to the person entitled thereto, retain the
amount due in that account:
Provided that –
(a) if the person to whom the payment
is due has an account in the National Savings Bank, the Director of Savings
may, if he thinks fit, instead of opening a new account, credit the amount
payable to the existing account; and
(b) in the case of an account opened by
the Director of Savings –
(i) no
sum shall be received by way of deposit for the credit of the account except in
pursuance of these Regulations; and
(ii) the
regulations requiring a declaration to be made by a depositor in the National
Savings Bank shall not apply with respect to any payment into the account by the
Director of Savings.
(2) For the
purpose of any Order under section 4 of the National Savings Bank Act
1971 (which empowers the
Treasury by order to limit the amount of deposits in the National Savings Bank)
or any Order having effect as if made under that section, regard shall not be
had to any sum credited to an account under this Regulation.
Loss of certificates, etc.
25.-(1) The loss or destruction of any document
issued by the Director of Savings in pursuance of these Regulations, or by the
Postmaster General or the Director of Savings in pursuance of any Regulations
revoked by these Regulations, shall be notified in writing to the Director of
Savings as soon as practicable by the person entitled to possession of the
document.
(2) If it appears
to the Director of Savings that any document so issued has been issued in
error, lost, destroyed or tampered with, or is in such a condition as to render
it desirable that it should be replaced by a new document, he may, subject to
the provisions of this Regulation, issue a new document in lieu of the old
document to any person who satisfies him that he is entitled to the possession
of the document.
(3) The Director
of Savings may attach to the issue under this Regulation of any new document
such conditions as to indemnity or otherwise as he thinks fit.
Forfeiture of certificates.
26.-(1) Subject to the provisions of this
Regulation, if any person –
(a) not being a person entitled under
Regulation 4 of these Regulations so to do, purchases or holds a certificate;
or
(b) purchases or holds any certificate
in contravention of Regulation 5 of these Regulations (which prescribes the
maximum number of unit certificates which may be purchased);
the certificate shall, if the Director of Savings so directs, be
forfeited:
Provided that, if in any case in which the Director of Savings has
directed the forfeiture of any certificates, he is satisfied that the
contravention in question was inadvertent and that in the circumstances
forfeiture will cause undue hardship to the person concerned, he may, if he
thinks fit, pay to that person or credit to him in the National Savings Bank
–
(i) a
sum equal to the aggregate amount of the purchase price of the certificates
forfeited;
(ii) (in the case
of any certificates which the person concerned has purchased or held when he
was not entitled so to do under Regulation 4 of these Regulations) such sum by
way of interest, not exceeding the amount of interest which had accrued due in
respect of those certificates immediately before the forfeiture thereof, as the
Director of Savings may determine;
(iii) (in the case
of any certificates which the person concerned has purchased or held in
contravention of Regulation 5 of these Regulations) interest, at such rate not
exceeding the rate of interest for the time being payable on ordinary deposits
in the National Savings Bank as the Director of Savings thinks fit, on a sum
equal to the purchase price of those certificates, being interest computed in
such manner as the Director of Savings, with the approval of the Treasury, may
direct.
(2) For the
purposes of the foregoing provisions of this Regulation, a multiple certificate
shall be taken to be such number of unit certificates as is represented by the
multiple certificate.
(3) For the
purposes of any Order under section 4 of the National Savings Bank Act
1971 (which
empowers the Treasury by order to limit the amount of deposits in the National
Savings Bank) or any Order having effect as if made under that section, any sum
credited to a person under this Regulation shall, if the Director of Savings so
directs, be disregarded.
(4) Notice of any
forfeiture under this Regulation shall be sent to the person concerned as soon
as may be, and the Director of Savings may require any certificate which might
be or is affected to be delivered up to him for the purpose of being either
cancelled or altered or otherwise dealt with, as may be necessary to give
effect to the provisions of this Regulation.
Persons unable to write.
27. Where any
document is required by the Director of Savings or by these Regulations to be
signed by any person and that person is unable to write, it shall be sufficient
for the purposes of these Regulations if the document is marked by that person
in the presence of a witness in such manner as the Director of Savings may
require.
Rectification of mistakes.
28.-(1) Any mistake in any document received
from the Director of Savings in pursuance of these Regulations, or from the
Postmaster General or the Director of Savings in pursuance of any Regulations
revoked by these Regulations, shall, as soon as practicable, be notified in
writing to the Director of Savings by the person receiving the document.
(2) If the
Director of Savings is satisfied that any transaction effected or thing done,
or purporting to have been effected or done, in accordance with these
Regulations or any Regulations revoked by these Regulations has been effected
or done in error, he may cancel the transaction and may take all such steps as
are, in his opinion, necessary to rectify the error, and may for that purpose
require the surrender to him of any certificate or other document.
Settlement of disputes.
29.-(1) If any dispute arises between the
Director of Savings and –
(a) the holder of any certificates, or
(b) a person who is or claims to be the
personal representative or next of kin or creditor of a holder, or the trustee
in bankruptcy or assignee of a holder who is bankrupt or insolvent, or
(c) a person who claims to be entitled
to any certificate,
the matter in dispute shall be referred in writing to the Chief
Registrar of Friendly Societies.
(2) On any such
reference being made, the Chief Registrar may proceed ex parte
on notice in writing sent by post to the Director of Savings, and may
administer oaths to any witnesses appearing before him.
(3) The award of
the Chief Registrar on any reference under this Regulation shall be final and
binding on all parties.
(4) Section 11 of
the National
Savings Bank Act 1971
(which empowers the Treasury to direct that fees shall be charged on certain
awards made by the Chief Registrar of Friendly Societies) shall have effect as
if the awards therein mentioned included awards made under this Regulation.
Notice of trust not receivable by Director of Savings.
30.-(1) Subject to the provisions of these
Regulations, no notice of a trust shall be receivable by the Director of
Savings in respect of a certificate.
(2) Neither the
Director of Savings nor any person acquiring any interest in a certificate
shall, by reason that the certificate is held in the name of any person as
trustee (whether jointly with any other person or solely), be affected with
notice of any trust or of the fiduciary character of the holder or of any
fiduciary obligation attaching to the holding of the certificate.
Exemption from stamp duty.
31. No stamp
duty shall be charged on –
(a) a warrant for the payment of any
amount repayable in respect of a certificate; or
(b) a power of attorney or other
document which relates solely to the payment or receipt of any such amount.
Fees for birth, death and marriage certificates.
32. Section 10
of the Savings
Banks Act 1887 (which relates to the price of a certificate of
birth, death or marriage required for the purpose of the Acts relating to the
National Savings Bank), as amended by any Order in force for the time being
under section 5 of the Public Expenditure and Receipts Act 1968, shall apply
for the purposes of these Regulations as it applies for the purposes of those
Acts, and for the purposes of these Regulations the said section 10 shall have
effect as if the holder of a certificate or any person having an interest in a
certificate were a depositor in the National Savings Bank.
Indemnity of Treasury, Director of Savings and officers.
33.-(1) The Treasury, the Director of Savings
and any person acting under his authority shall not be liable in respect of any
payment duly made or act duly done in accordance with these Regulations, and
any such payment shall, subject to the provisions of these Regulations for
saving the rights of third parties, be deemed to have been a valid payment, and
the receipt of the person to whom the money was paid shall be a full discharge
to the Treasury and the Director of Savings for the amount of the payment.
(2) Where a
warrant for payment of any amount repayable in respect of a certificate is
issued payable to some person being neither the holder of the certificate nor a
person otherwise entitled under these Regulations to receive payment in respect
thereof, then, if it is shown that –
(a) the warrant was issued in good
faith and without negligence; and
(b) the issue of the warrant to that person
is attributable to some act or omission on the part of the holder or a person
so entitled;
the warrant shall, subject to the provisions of these Regulations
for saving the rights of third parties, be deemed to have been duly issued to a
person so entitled.
Saving of rights of third parties.
34. Nothing in
these Regulations, or in any Regulations revoked by these Regulations, for the
protection of the Treasury, the Director of Savings or the Postmaster General
in respect of any act done or any money paid shall operate to prevent the
recovery by any person or his representatives of any money lawfully due to him
from the person to whom that money was paid by or under the direction of the
Director of Savings or the Postmaster General, or from the representatives of
that person, or affect the right which any person or his representatives may
have in respect of a certificate against a third party.
Form of documents.
35. Where any
application is required by these Regulations to be made in a manner approved by
the Director of Savings, the document in which the application is made shall
contain a full and specific statement of the particulars required to be given,
and any such document which is required by the Director of Savings to be signed
by any person shall be signed by that person.
Evidence of identity, etc.
36.-(1) The Director of Savings shall be
entitled to require evidence to be given to his satisfaction of the identity of
any person or of the title of any person to any certificates, document or
money, or to require evidence that anything purporting to be done in pursuance
of these Regulations has been duly done, or otherwise with respect to any
matters on which the due exercise of his powers or performance of his duties
under these Regulations depends, and the Director of Savings may, for the
purpose of obtaining any such evidence, require a statutory declaration to be
made by any person.
(2) The Director
of Savings may accept as conclusive proof of the death of the holder of a
certificate any evidence which establishes to his satisfaction the fact that
the holder has not been heard of for a period of seven years or upwards, and,
for the purposes of this paragraph, the expression “holder of a
certificate” includes any person beneficially interested at any time,
whether absolutely or contingently, in the personal estate of the deceased
holder of a certificate.
Obligation of secrecy.
37.-(1) A person employed in connection with
business arising under these Regulations shall not disclose to any person,
other than the Director of Savings or a person employed in carrying these
Regulations into execution, the name of the purchaser or holder of any
certificate, the number of certificates purchased by any person, or the amount
repaid in respect of any certificate.
(2) The last
foregoing paragraph shall not prevent the disclosure by a person authorised for the purpose by the Director of Savings of
information to any person in connection with an offence committed with
reference to any certificate or for the purpose of ascertaining whether or not
an offence has been so committed.
Saving for rights of joint holders, etc.
38.-(1) Nothing in these Regulations relating to
joint holders of certificates shall affect the mutual rights of any joint
holders.
(2) Nothing in
these Regulations relating to trustees shall as between any trustees or as
between any trustee and the beneficiaries under a trust be deemed to authorise the trustees to act otherwise than in accordance
with the rules of law applying to the trust and the terms of the instrument (if
any) constituting the trust.
Application to Scotland.
39. In the application
of these Regulations to Scotland
–
(a) any reference to a mentally
disordered person shall be construed as a reference to a person who is
incapable by reason of mental disorder within the meaning of the Mental Health (Scotland)
Act 1960 of managing and administering his property and affairs;
(b) any reference to a receiver in
relation to a mentally disordered person shall be construed as a reference to a
curator bonis, guardian or tutor;
(c) any reference to a receiving order
shall be construed as a reference to an award of sequestration;
(d) any reference to the Official
Receiver shall be construed as a reference to the trustee or judicial factor in
bankruptcy;
(e) any reference to probate, letters
of administration or letters of administration with the will annexed shall be
construed as a reference to confirmation of an executor;
(f) any reference to the Treasury
Solicitor shall be construed as a reference to the Queen’s and Lord
Treasurer’s Remembrancer;
(g) any reference to the Chief
Registrar of Friendly Societies shall be construed as a reference to the
Assistant Registrar of Friendly Societies for Scotland.
Application to Northern
Ireland.
40.-(1) These Regulations shall extend to Northern Ireland.
(2) In the
application of these Regulations to Northern Ireland –
(a) any reference to a mentally
disordered person shall be construed as a reference to a person who, by reason
of unsoundness of mind, or of mental disorder within the meaning of the Mental Health Act (Northern Ireland)
1961, is or is considered incapable of managing his affairs;
(b) any reference to a receiver in
relation to a mentally disordered person shall be construed as a reference to a
committee or any other person appointed pursuant to the Lunacy Regulation
(Ireland) Act 1871 (as amended) and the orders made thereunder to
exercise with respect to the estate of such person powers similar to those of a
committee;
(c) any reference to a receiving order
shall be construed as a reference to an order of adjudication of bankruptcy, or
to an order in any arrangement operating by virtue of section 349 of the Irish Bankrupt and
Insolvent Act 1857 to vest a deposit in the Official Assignee
alone or jointly with any person;
(d) any reference to the Official
Receiver shall be construed as a reference to the Official Assignee in
Bankruptcy;
(e) any reference to the Treasury
Solicitor shall be construed as a reference to the Chief Crown Solicitor for Northern Ireland;
(f) any reference to the Chief
Registrar of Friendly Societies shall be construed as a reference to the Chief
Registrar of Friendly Societies or a deputy appointed by him.
Application to the Isle of Man.
41.-(1) These Regulations shall extend to the
Isle of Man.
(2) In the
application of these Regulations to the Isle of Man
–
(a) any reference to a receiver in
relation to a mentally disordered person shall be construed as a reference to
the committee of the estate of a person found of unsound mind according to the
law of the Isle of Man or to a receiver appointed under section 3 of the Mental Diseases Act 1954
of the Isle of Man, as the case may be;
(b) any reference to the Treasury
Solicitor shall be construed as a reference to the Attorney-General of the Isle
of Man.
Application to the Channel Islands.
42.-(1) These Regulations shall extend to the Channel Islands.
(2) In the
application of these Regulations to Jersey
–
(a) any reference to a mentally
disordered person shall be construed as a reference to a person suffering from
mental disorder within the meaning of the Mental Health (Jersey)
Law, 1969;
(b) any reference to a receiver in
relation to a mentally disordered person shall be construed as a reference to a
curator;
(c) the references in Regulation 7(2)
of these Regulations to sections 3 and 4 of the Cheques Act 1957
shall be respectively construed as references to article 3 and 4 of the Cheques (Jersey) Law 1957;
(d) any reference to a receiving order
shall be construed as a reference to a declaration of “désastre”;
(e) any reference to the Official
Receiver shall be construed as a reference to Her Majesty’s Viscount for Jersey or to an “attourné”
appointed in bankruptcy, as the case may be;
(f) any reference to the Treasury
Solicitor shall be construed as a reference to Her Majesty’s Receiver General
for Jersey;
(g) a nomination made by a holder
domiciled in Jersey of any person to receive any sum due in respect of any
certificate held by him at his death shall take effect only as to that portion
of his personal estate over which he has power of testamentary disposition
according to the law of Jersey, but any payment made to that nominee without
notice of the holder’s incapacity to dispose of the whole or any portion
of the estate nominated shall be a valid payment.
(3) In the
application of these Regulations to Guernsey, Alderney and Sark
–
(a) any reference to a mentally
disordered person shall be construed as a reference to a person who under any
law for the time being in force in any of the Islands
of the Bailiwick of Guernsey is a person of unsound mind;
(b) any reference to a receiver in
relation to a mentally disordered person shall be construed as a reference to a
guardian appointed by the Royal Court of Guernsey, the Court of Alderney or the
Court of the Seneschal of Sark, as the case may be;
(c) any reference to the Treasury
Solicitor shall be construed as a reference to Her Majesty’s
Receiver-General;
(d) any reference to a statutory
declaration shall be construed, in relation to Guernsey, as a reference to a
declaration on oath before the Bailiff, a jurat, the Magistrate or a Notary
Public, in relation to Alderney, as a reference to a declaration on oath before
the Court of Alderney, and, in relation to Sark, as a reference to a
declaration before the Seneschal;
(e) the references in Regulation 7(2)
of these Regulations to section 76, subsections (1), (3), (4) and (5) and, so
far as it relates to crossed cheques, subsection (6) of section 77, and
sections 78, 79, 80 and 81 of the Bills of Exchange Act 1882 shall be respectively
construed as references to section 75, subsections (1), (3), (4) and (5) and,
so far as it relates to crossed cheques, subsection (6) of section 76, and
sections 77, 78, 79 and 80 of the Bills of Exchange (Guernsey) Law 1958, and the
references in the said Regulation 7(2) to sections 3 and 4 of the Cheques Act 1957
shall be respectively construed as references to sections 83 and 84 of the Bills of Exchange
(Guernsey) Law 1958;
(f) for Regulation 11 of these
Regulations there shall be substituted the following Regulation: -
“11. Where
it is shown to the satisfaction of the Director of Savings that any person who
is the sole holder of a certificate is insolvent, the Director of Savings may,
if he thinks fit, pay the amount repayable in respect of the certificate to any
person who makes application in that behalf and who satisfies him that he is a
proper person to receive payment.”;
(g) in Regulation 29(1)(b) of these Regulations the words
“or the trustee in bankruptcy or assignee of a holder who is bankrupt or
insolvent” shall be deleted;
(h) a nomination made by a holder
domiciled in the Bailiwick of Guernsey of any person to receive any sum due in
respect of any certificates held by him at his death shall take effect only as
to that portion of his personal estate over which he has power of testamentary
disposition according to the law of the said Bailiwick, but any payment made to
the nominee without notice of the holder’s incapacity to dispose of the
whole or any portion of the estate nominated shall be a valid payment.
Revocation and savings.
43.-(1) The Regulations specified in the
Schedule to these Regulations are hereby revoked.
(2) In so far as
any application, payment, transfer, nomination, reference or award made,
approval, authority, direction, notice or receipt given, warrant or document
issued, or other thing done, under any Regulations revoked by these Regulations
could have been made, given, issued or done under a corresponding provision of
these Regulations, it shall not be invalidated by the revocation, but shall
have effect as if made, given, issued or done under that corresponding
provision.
(3) These
Regulations shall not affect the validity of anything done by or in relation to
the Postmaster General before 1st October 1969 under the provisions of any Regulations
revoked by these Regulations; and anything which at that date was in process of
being done under those provisions by or in relation to the Postmaster General
may be continued by or in relation to the Director of Savings.
(4) Without
prejudice to the last preceding paragraph, where on 1st October 1969 a matter
in dispute between the Postmaster General and another stood referred under
Regulation 27 of the Savings Certificates Regulations 1933 to the Chief
Registrar of Friendly Societies or a deputy appointed by him or to the
Assistant Registrar of Friendly Societies for Scotland, the Director of Savings
shall be substituted for the Postmaster General as a party to the reference;
and an award made under that Regulation before 1st October 1969 shall bind the
Director of Savings.
(5) The mention of
particular matters in this Regulation shall be without prejudice to the general
application of section 38 of the Interpretation Act 1889 as it applies for the
interpretation of these Regulations.
V.H. GOODHEW,
TIM FORTESCUE,
Two of the Lords Commissioners
of Her Majesty’s Treasury.
20th April 1972.
SCHEDULE
(Regulation 43(1))
|
Regulations
revoked
|
References
|
|
The Savings
Certificates Regulations 1933.
|
S.R. &
O. 1933/1149 (Rev. XV, p. 309; 1933, p. 1406).
|
|
The Savings
Certificates (Amendment) Regulations 1937.
|
S.R. &
O. 1937/785 (Rev. XV, p. 309; 1937, p. 1723).
|
|
The Savings
Certificates (Amendment) (No. 2) Regulations 1956.
|
S.I.
1956/1136 (1956 I, p. 1503).
|
|
The Savings
Certificates (Amendment) Regulations 1957.
|
S.I.
1957/1734 (1957 I, p. 1450).
|
|
The Savings
Certificates (Amendment) (No. 2) Regulations 1960.
|
S.I.
1960/1981 (1960 I, p. 414).
|
|
The Savings
Certificates (Amendment) Regulations 1961.
|
S.I.
1961/1528 (1961 II, p. 3186).
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The Savings
Certificates (Amendment) (No. 2) Regulations 1963.
|
S.I.
1963/936 (1963 II, p. 1587).
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The Savings
Certificates (Amendment) Regulations 1966.
|
S.I.
1966/216 (1966 I, p. 419).
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The Savings
Certificates (Amendment) No. 2 Regulations 1968.
|
S.I.
1968/995 (1968 II, p. 2649).
|
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The Savings
Certificates (Amendment) (No. 3) Regulations 1968.
|
S.I.
1968/1444 (1968 III, p. 4182).
|
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The Savings
Certificates (Amendment) (No. 2) Regulations 1969.
|
S.I.
1969/1334 (1969 III, p. 3969).
|
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The Savings
Certificates (Amendment) Regulations 1971.
|
S.I.
1971/549 (1971 I, p. 1544).
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