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Explanatory note

Original text. Later amendments are not shown.

(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.