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Regulation 4

Original text. Later amendments are not shown.

Regulation 2(1) shall be amended–

(a)

by substituting for the definition of “authorised telephone procedure” the following–

  • ““authorised telephone procedure”, in respect of treasurer’s accounts, has the meaning given by regulation 29K(1) below and, in respect of individual savings accounts, has the meaning given by regulation 29R(1) below;”;

(b)

by inserting in the definition of “electronic transfer” after the word “cash”, the words “and the Director of Savings may approve different systems for different accounts”;

(c)

by inserting after the definition of “incorporated friendly society” the following–

  • ““individual savings account” means an account of investment deposits made under regulation 29L below;”.