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Regulation 8 Payment in case of bankrupts

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

Where it is shown to the satisfaction of the authority that a receiving order has been made against any person who is the contributor in respect of a savings contract, or that a trustee has been appointed in the bankruptcy of such a person, the authority may, if they think fit, on the application of the Official Receiver or trustee, pay to the Official Receiver or the trustee, as the case may be, the amount repayable in respect of the savings contract.