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Regulation 57 Rectification of mistakesI1

United Kingdom

In the case of an investment account for which terms and conditions have been set under section 9A(1) of the 1971 Actf1, or an individual savings account, where a first or any other deposit is made or received in error, the Director of Savings may return the deposit and cancel all actions taken in relation to it, or may take such other steps as may be necessary to give effect to the intention of the parties.

Annotations

Commencement

I1

Reg. 57 in force at 6.4.2015, see reg. 1(1)

Footnotes

f1

Section 9A was inserted by the Finance Act 2003 (c. 14), section 208(11).