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The Premium Savings Bonds (Amendment)Regulations 1995

S.I. 1995/1002 · Made 4 April 1995

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

NATIONAL DEBT

Made 4th April 1995

Laid before Parliament 5th April 1995

Coming into force 1st May 1995

The Treasury, in exercise of the powers conferred on them by section 11 of the National Debt Act 1972f1 and of all other powers enabling them in that behalf, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1972 c. 65, to which there are amendments not relevant to these Regulations.

Contents

  1. 1Regulation 1
  2. 2Regulation 2
  3. Signature
  4. Explanatory note

1

These Regulations may be cited as the Premium Savings Bonds (Amendment) Regulations 1995 and shall come into force on 1st May 1995.

2

Regulation 6 of the Premium Savings Bonds Regulations 1972f1 is hereby revoked.

Signature

Tim Wood

Timothy Kirkhope

Two of the Lords Commissionersof Her Majesty’s Treasury

4th April 1995

Explanatory note

(This note is not part of the Regulations)

These Regulations remove from the Premium Savings Bonds Regulations 1972 the provisions regulating—

(a)

the minimum amount of premium savings bonds which may be purchased at any time, and

(b)

the multiples of bond units in which bonds may be purchased.

It is intended that these matters will in future be regulated administratively and by means of the prospectus relating to the purchase.