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The National Savings Bank (Amendment) Regulations 1988

S.I. 1988/1166 · Made 5 July 1988

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

SAVINGS BANKS

Made 5th July 1988

Laid before Parliament 7th July 1988

Coming into force 28th July 1988

The Treasury, in exercise of the powers conferred on them by sections 2 and 8(2) of the National Savings Bank Act 1971f1 and of all other powers enabling them in that behalf, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1971 c. 29; section 2 was amended by S.I. 1986/1220.

Contents

  1. 1Citation and commencement
  2. 2Amendment of principal Regulations
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the National Savings Bank (Amendment) Regulations 1988, and shall come into force on 28th July 1988.

2Amendment of principal Regulations

The National Savings Bank Regulations 1972f1 shall be amended as follows:

(a)

in regulation 2(1) the definition of “trustee savings bank” shall be omitted;

(b)

regulation 34 is hereby revoked;

(c)

in regulation 41(2)(c) the words “(not being stock” to “savings banks)” shall be omitted.

Signature

Michael Neubert

Mark Lennox-Boyd

Two of the Lords Commissioners of Her Majesty’s Treasury

5th July 1988

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the National Savings Bank Regulations 1972 by omitting the definition of “trustee savings bank” in regulation 2(1), by revoking regulation 34 and by omitting from regulation 41(2)(c) the reference to stock and securities recorded in the parts of the National Savings Stock Register kept by trustee savings banks.