Paragraph 7 Application to the Channel Islands

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 2 para. 4(1)(c) words inserted by Civil Partnership Act 2004 (Amendments to Subordinate Legislation) 2005 art. 2(16) Sch. 16 para. 11(5)(a)
Sch. 2 para. 4(3) words inserted by Civil Partnership Act 2004 (Amendments to Subordinate Legislation) 2005 art. 2(16) Sch. 16 para. 11(5)(b)(i)
Sch. 2 para. 4(3) words inserted by Civil Partnership Act 2004 (Amendments to Subordinate Legislation) 2005 art. 2(16) Sch. 16 para. 11(5)(b)(ii)
Sch. 2 para. 6(3) words substituted by Savings Certificates 2012 reg. 23

(1)

A nomination made by a holder domiciled in Jersey of any person toreceive any sum due in respect of any certificate held by him at hisdeath shall take effect only as to that portion of his personal estateover which he has power of testamentary disposition according to the lawof Jersey, but any payment made to that nominee without notice of theholder’s incapacity to dispose of the whole or any portion of the estatenominated shall be a valid payment.

(2)

A nomination made by a holder domiciled in the Bailiwick of Guernseyof any person to receive any sum due in respect of any certificates heldby him at his death shall take effect only as to that portion of hispersonal estate over which he has power of testamentary dispositionaccording to the law of the said Bailiwick, but any payment made to thenominee without notice of the holder’s incapacity to dispose of thewhole or any portion of the estate nominated shall be a valid payment.