{
  "url": "https://openlegislation.uk/premium-savings-bonds-amendment-regulations-1981/note",
  "json_url": "https://openlegislation.uk/premium-savings-bonds-amendment-regulations-1981/note.json",
  "legislation": "uksi/1981/310",
  "legislation_title": "The Premium Savings Bonds (Amendment) Regulations 1981",
  "legislation_url": "https://openlegislation.uk/premium-savings-bonds-amendment-regulations-1981",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "These Regulations, which amend the Premium Savings Bonds Regulations 1972, permit the purchase of bonds on behalf of a person under the age of 16 by his grandparent. The Regulations provide that, until the holder reaches the age of 16, any repayment or payment in respect of a bond so purchased shall be made to either the parent or guardian designated by the grandparent in the application to purchase the bond or to a person who satisfies the Director of Savings that he is a proper person to receive payment, as the Director thinks fit.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1981/310/note",
    "retrieved_at": "2026-10-29T18:43:44.049770+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}