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The Premium Savings Bonds (Amendment)Regulations 2003

S.I. 2003/1085 · Made 9 April 2003

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 9th April 2003

Laid before Parliament 10th April 2003

Coming into force 12th May 2003

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 2003 and shall come into force on 12th May 2003.

2

Regulation 5(1) of the Premium Savings Bonds Regulations 1972f1 (maximum holding of bonds) is amended by substituting for the figures “20,000” the figures “30,000”.

Signature

Philip Woolas

Jim Fitzpatrick

Two of the Lords Commissioners of Her Majesty’s Treasury

9th April 2003

Explanatory note

(This note is not part of the Regulations)

These Regulations, which amend the Premium Savings Bonds Regulations 1972, increase the maximum holding of premium bonds a person is permitted from 20,000 to 30,000 bond units.