Regulation 29 Withdrawals in the case of bankrupt sole depositorsI1
United Kingdom
Where it appears to the Director of Savings that—
(a)
a bankruptcy order has been made against a person who is a sole depositor;
(b)
a trustee has been appointed in the bankruptcy of a sole depositor; or
(c)
an order for the administration in bankruptcy of the estate of a deceased sole depositor has been made,
the Director of Savings may, on application by the Official Receiver or trustee, pay the deposits held in the name of the depositor to the Official Receiver or trustee.
Annotations
Commencement
- I1
Reg. 29 in force at 6.4.2015, see reg. 1(1)