Regulation 37 Particulars to be furnished by nominator to Director of Savings
A nominator shall, on making a nomination, furnish to the Director of Savings full particulars of all stock which is held by him at the date of the nomination and to which the nomination applies, and shall, if and whenever any change occurs in his holding of stock to which the nomination applies, forthwith make such corrections in and addition to the particulars so furnished as may be necessary, and forward the amended particulars to the Director of Savings.
Where by reason of the failure of a nominator to comply with the foregoing requirements of this Regulation, any money payable in respect of all or any of the stock held by the nominator at the date of his death is paid, or any transfer of such stock is made, to a person other than the nominee or a person claiming through him, that payment or transfer shall, subject to the provisions of these Regulations for saving the rights of third parties, be as valid as if the nomination had not been made.