Regulation 52 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 person who is the sole holder of a certificate;

(b)

a trustee has been appointed in the bankruptcy of a sole holder; or

(c)

an order for the administration in bankruptcy of the estate of a deceased sole holder has been made,

the Director of Savings may pay to the Official Receiver or trustee (on their application) the amount repayable in relation to the certificate.

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