{
  "url": "https://openlegislation.uk/national-savings-regulations-2015/regulation-25",
  "json_url": "https://openlegislation.uk/national-savings-regulations-2015/regulation-25.json",
  "legislation": "uksi/2015/623",
  "legislation_title": "The National Savings Regulations 2015",
  "legislation_url": "https://openlegislation.uk/national-savings-regulations-2015",
  "path": "regulation/25",
  "kind": "regulation",
  "number": "25",
  "heading": "Deposits to individual savings accounts",
  "text": "(1) An investment deposit may be made to the credit of an individual savings account opened under this regulation.\n(2) An individual savings account may be opened by a person who has attained the minimum age for opening that account in accordance with the Individual Savings Account Regulations 1998 and who—\n(a) is resident in the United Kingdom;\n(b) though not resident in the United Kingdom, has general earnings from overseas Crown employment subject to United Kingdom tax within the meaning given by section 28 of the Income Tax (Earnings and Pensions) Act 2003; or\n(c) though not resident in the United Kingdom, is married to, or is a civil partner of, a person to whom paragraph (b) applies.\n(3) No deposit may be made to the credit of an individual savings account at any time when the depositor does not fulfil any of the conditions specified in paragraph (2)(a), (b) and (c).\n(4) An application to open an individual savings account must be made in the approved form, and the depositor must provide any documents or other information required by the Director of Savings.\n(5) A deposit to an individual savings account must be made—\n(a) by cheque sent to the principal office of the National Savings Bank or to any other savings bank office determined by the Director of Savings, accompanied by an application in the approved form;\n(b) by electronic transfer;\n(c) by the transfer of an amount under these Regulations from another account in the National Savings Bank; or\n(d) under instructions given by the authorised telephone procedure.\n(6) The minimum deposit to an individual savings account must be £10, but the Director of Savings may accept a lesser amount.\n(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 25(2) substituted (6.4.2026) by The National Savings (Amendment) Regulations 2026 (S.I. 2026/266), regs. 1(1), 2(2)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Reg. 25(7) omitted (6.4.2026) by virtue of The National Savings (Amendment) Regulations 2026 (S.I. 2026/266), regs. 1(1), 2(2)(b)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 25 in force at 6.4.2015, see reg. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "2003 c. 1; no relevant amendments."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/623/regulation/25",
    "retrieved_at": "2026-10-28T23:43:26.670511+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}