OpenLegislation

Article 2 Interpretation

Original text. Later amendments are not shown.

In this Order—

  • “the 1971 Act” means the National Savings Bank Act 1971f1;

  • “the 1972 Act” means the National Debt Act 1972f2;

  • “the Director” means the Director of Savings;

  • “the functions” means those functions of the Director relating to the Department for National Savings conferred by:

    1. (a)

      sections 1(2), 5(1A)f3 and 6(3)f4 of the 1971 Act;

    2. (b)

      sections 2(2)f5, 7(1)f6 and 12 of the 1972 Act; and

    3. (c)

      statutory instruments made under sections 2, 3(2), 4, 6(1), 7(2), 8, 9(1) and 15(3) of the 1971 Act and sections 3, 6 and 11 of the 1972 Act.f7

Annotations

Footnotes

f1

1971 c. 29.

f2

1972 c. 65.

f3

Section 5(1A) was inserted by section 184(3) of the Finance Act 1989 (c. 26).

f4

Section 6(3) was amended by section 151(1) of, and paragraph 5(4) of Schedule 20 to, the Finance Act 1982 (c. 39).

f5

Section 2(2) was amended by section 36(2) of, and Schedule 6 to, the Trustee Savings Banks Act 1976 (c. 4).

f6

Section 7(1) was amended by section 36(1) and (2) of, and Schedules 5 and 6 to, the Trustees Savings Banks Act 1976 (c. 4).

f7

The current relevant regulations are those listed in the Schedule.