Explanatory note

These Regulations, which amend the Premium Savings Bonds Regulations 1972, permit the purchase of bonds on behalf of a mentally disordered person by his receiver. They also provide that the date on which a repayment warrant is issued in respect of a bond is, for the purpose of determining whether any other sum such as a prize is payable in respect of that bond, deemed to be the date on which the bond is repaid.