# The Trustee Savings Banks Regulations 1972, Regulation 5: Withdrawals from accounts of mentally disordered persons


(1) An application for the withdrawal of money deposited in the name of a mentally disordered person shall be made by the receiver.
(2) Upon such application, payment shall be made to the receiver, and his receipt shall be a good discharge to the trustees for the amount paid to him.
(3) Where it is shown to the satisfaction of the trustees that a depositor is a mentally disordered person, and there is no receiver by whom application for withdrawal of deposits standing in the depositor's name may be made, the trustees may, if it is proved to their satisfaction that it is just and expedient so to do, pay the deposits, or any part thereof, to any person whom they shall judge proper to receive the same, and the receipt of such person shall be a good discharge to the trustees for the sum so paid.

---
Source: https://www.legislation.gov.uk/uksi/1972/583/regulation/5 (the official version)
Page: https://openlegislation.uk/trustee-savings-banks-regulations-1972/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.