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The Trustee Savings Banks Act 1985 (Appointed Day) (No. 1) Order 1986

S.I. 1986/1219 · Made 14 July 1986

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SAVINGS BANKS

Made 14th July 1986

The Treasury, in exercise of the powers conferred upon them by paragraph 13 of Schedule 1 to the Trustee Savings Banks Act 1985, hereby make the following Order:—

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Explanatory note

1

This Order may be cited as the Trustee Savings Banks Act 1985 (Appointed Day) (No. 1) Order 1986.

2

20th July 1986 shall be the appointed day for the purposes of paragraph 13 of Schedule 1 to the Trustee Savings Banks Act 1985.

Signature

Tim Sainsbury

Nigel Lawson

Two of the Lords Commissioners of Her Majesty's Treasury

14th July 1986

Explanatory note

This Order brings into operation on 20th July 1986 paragraph 13 of Schedule 1 to the Trustee Savings Banks Act 1985. This provision provides for the closure of the parts of the National Savings Stock Register kept by trustees of the existing trustee savings banks and the transfer of all the stock registered in those parts to that part of the Register kept by the Director of Savings.