# The National Savings Stock Register Regulations 1976, Regulation 25: Authority for payment to third party


(1) An uncrossed warrant shall be presented for payment by the person named therein or by a person duly authorised by him to receive payment.
(2) The authority for a person other than the person named in a warrant to receive the amount payable on the warrant shall be either a power of attorney duly executed in the presence of a witness, or an authority in the approved form or letter signed in the presence of a person authorised by the Director of Savings in that behalf:
Provided that the Director of Savings may in his discretion, in any case in which he thinks fit, dispense with the attestation of the signature to any such authority or letter.
(3) An authority or letter may be signed by a minor if he has attained the age of seven years, and shall be as valid and binding upon him as if he had been of full age.

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Source: https://www.legislation.gov.uk/uksi/1976/2012/regulation/25 (the official version)
Page: https://openlegislation.uk/national-savings-stock-register-regulations-1976/regulation-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.