# The Savings Certificates (Amendment) Regulations 1997, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Savings Certificates Regulations 1991 to permit the Director of Savings to make arrangements under which information (held subject to an obligation of secrecy imposed by the 1991 Regulations) about individual holdings of savings certificates may be disclosed to a person for the purpose of enabling him to provide (or assist in providing), to purchasers or holders of savings certificates, information about the various investment opportunities, services and facilities available from or through the Director of Savings. The amendment also provides for a person receiving such information for that purpose to be subject to the obligation of secrecy imposed by the Regulations on those employed in connection with savings certificate business, and enables the Director of Savings to impose further conditions in connection with the disclosure of such information.

---
Source: https://www.legislation.gov.uk/uksi/1997/1859/note (the official version)
Page: https://openlegislation.uk/savings-certificates-amendment-regulations-1997/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.