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The National Savings Bank (Amendment) Regulations 1989

S.I. 1989/25 · Made 10 January 1989

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 10th January 1989

Laid before Parliament 13th January 1989

Coming into force 1st March 1989

The Treasury, in exercise of the powers conferred on them by section 2(1) 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.

Contents

  1. 1Regulation 1
  2. 2Regulation 2
  3. Signature
  4. Explanatory note

1

These Regulations may be cited as the National Savings Bank (Amendment) Regulations 1989, and shall come into force on 1st March 1989.

2

The National Savings Bank Regulations 1972f1 shall be amended by deleting sub-paragraph (b) in regulation 22(1).

Signature

David Lightbown

David Maclean

Two of the Lords Commissioners of Her Majesty’s Treasury

10th January 1989

Explanatory note

(This note is not part of the Regulations)

These Regulations, which amend the National Savings Bank Regulations 1972, abolish the “Paybill” facility whereby a depositor was able to withdraw up to £250 for the purpose of making immediate payments through the Post Office.