Article 370 MinorsI1

For paragraph (1A) ^f1 of regulation 30 of the National Savings Stock Register Regulations 1976 (minors) substitute—

“(1A)

In paragraph (1) above “approved account” means—

(a)

an account in the National Savings Bank comprising investment deposits within the meaning of the National Savings Bank Act 1971,

(b)

an account with a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits, or

(c)

an account with an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to the Financial Services and Markets Act 2000, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12(1) of that Schedule) to accept deposits.”.

After paragraph (2) of that regulation insert—

“(3)

Paragraph (1A) must be read with—

(a)

section 2 of the Financial Services and Markets Act 2000;

(b)

any relevant order under that section; and

(c)

Schedule 2 to that Act.”.