# The National Savings Bank (Amendment) (No. 2) Regulations 1983, Note: Explanatory note


These Regulations, which amend the National Savings Bank Regulations 1972, provide that after 31st December 1983 interest on an investment deposit will begin on the day of deposit and stop on the day before it is withdrawn. Previously, such interest did not begin until the first day of the month following the day of deposit and stopped on the first day of the month in which the deposit was withdrawn.

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Source: https://www.legislation.gov.uk/uksi/1983/1750/note (the official version)
Page: https://openlegislation.uk/national-savings-bank-amendment-no-2-regulations-1983/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.