Regulation 31 Payments in the case of bankruptsI1
United Kingdom
Where it appears to the Director of Savings that—
(a)
a bankruptcy order has been made against a sole holder of stock;
(b)
a trustee has been appointed in the bankruptcy of a sole holder;
(c)
an order for the administration in bankruptcy of the estate of a deceased sole holder has been made; or
(d)
in the case of a company which is the sole holder of stock, an order has been made that the company be wound up,
the Director of Savings may pay to the Official Receiver or trustee or liquidator (on their application) the amount repayable, or any other amount payable, in relation to the stock.
Annotations
Commencement
- I1
Reg. 31 in force at 6.4.2015, see reg. 1(1)