# National Savings Bank Act 1971, Section 27: Interpretation.

Extent: E+W+S+N.I.

In this Act, unless the context otherwise requires,—
“the Commissioners” means the National Debt Commissioners;
“ interest ”, in relation to investment deposits, includes any bonus or other payment, whether payable annually or otherwise, which constitutes income derived from the whole or any part of the deposits.
“prescribed” means prescribed by regulations made under section 2 of this Act;
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Source: https://www.legislation.gov.uk/ukpga/1971/29/section/27 (the official version)
Page: https://openlegislation.uk/national-savings-bank-act-1971/section-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.