Regulation 8 Depositors generallyI1
United Kingdom
(1)
A deposit may be made by and in the name of a person who has attained the age of sixteen years and who is not under any legal disability otherwise than by reason of age.
(2)
No account may be opened in the name of a person who is not an individual, except an account opened—
(a)
in the name of a trustee; or
(b)
under regulations 17 to 20.
Annotations
Commencement
- I1
Reg. 8 in force at 6.4.2015, see reg. 1(1)