# The National Savings Bank (Investment Deposits) (Limits) Order 1977, Article 3


Subject to the provisions of this Order, it shall not be lawful for the Director of Savings to receive a deposit from, or make a credit to an account of, any person by way of investment deposit in any case where the amount standing to the credit of that person by way of investment deposit in the National Savings Bank, whether solely or jointly with any other person, and whether in one or more accounts, exceeds, or would as a result of the receipt of the said deposit or the making of the said credit, exceed £50,000.

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Source: https://www.legislation.gov.uk/uksi/1977/1210/article/3 (the official version)
Page: https://openlegislation.uk/national-savings-bank-investment-deposits-limits-order-1977/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.