# The National Savings (No. 2) Regulations 2015, Regulation 49: Payments to persons who lack capacity

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

(1) An application for payment of the amount repayable in relation to a certificate held by a person who lacks capacity must be made by that person’s deputy.
(2) Where a holder of a certificate (or any person having an interest in a certificate) is a person who lacks capacity for whom no deputy has been appointed, the Director of Savings may, upon it being shown that it is expedient to do so, pay the whole or any part of the amount repayable to a person who the Director of Savings is satisfied will apply it for the maintenance or otherwise for the benefit of that person who lacks capacity.

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Source: https://www.legislation.gov.uk/uksi/2015/624/regulation/49 (the official version)
Page: https://openlegislation.uk/national-savings-no-2-regulations-2015/regulation-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

