# The National Savings Bank (Amendment) Regulations 1992

S.I. 1992/2892 · made 18 November 1992

These Regulations amend the National Savings Bank Regulations 1972 so as to raise from £5 to £10 the minimum ordinary deposit which may be made at a National Savings Bank office other than the principal office without the consent of the Director of Savings. The Regulations also raise the minimum investment deposit which may be made in similar circumstances from £5 to £20.

Made under: National Savings Bank Act 1971 (Section 2, Section 8)

## Introductory text

SAVINGS BANKS
Made 18th November 1992
Laid before Parliament 20th November 1992
Coming into force 1st February 1993
The Treasury, in exercise of the powers conferred upon them by sections 2(1) and 8(1) of the National Savings Bank Act 1971 and of all other powers enabling them in that behalf, hereby make the following Regulations :

## 1 

These Regulations may be cited as the National Savings Bank (Amendment) Regulations 1992 and shall come into force on 1st February 1993.

## 2 

The National Savings Bank Regulations 1972 shall be amended:
(a) in regulation 20, by the substitution of “£10” for “£5” ; and
(b) in regulation 28(5), by the substitution of “£20” for “£5”.

## Signature

Tim Wood
Tim Boswell
Two of the Lords Commissioners of Her Majesty’s Treasury
18th November 1992

## Explanatory note

(This note is not part of the Regulations)
These Regulations amend the National Savings Bank Regulations 1972 so as to raise from £5 to £10 the minimum ordinary deposit which may be made at a National Savings Bank office other than the principal office without the consent of the Director of Savings. The Regulations also raise the minimum investment deposit which may be made in similar circumstances from £5 to £20.

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Source: https://www.legislation.gov.uk/uksi/1992/2892 (the official version)
Page: https://openlegislation.uk/national-savings-bank-amendment-regulations-1992
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.