# The National Savings (No. 2) Regulations 2015, Regulation 48: Payments to minors under seven years of age

Extent: E+W+S+N.I.

(1) Subject to paragraph (2) and regulation 39(4) and (5), no payment may be made in relation to a certificate held by a minor under the age of seven years.
(2) Where it appears to the Director of Savings that a person holding, or having an interest in, a certificate is a minor under the age of seven years, the Director of Savings may pay the whole or any part of the amount repayable in relation to the certificate to a person the Director of Savings is satisfied is a proper person to receive payment.

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Source: https://www.legislation.gov.uk/uksi/2015/624/regulation/48 (the official version)
Page: https://openlegislation.uk/national-savings-no-2-regulations-2015/regulation-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

