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S.I. No. 12/1982 - Trustee Savings Banks Regulations, 1982

Type Statutory Instrument
Publication 1982-01-19
Last updated 1982-05-17
State Repealed superseded text
Text As published
Source Irish Statute Book
articles 4

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

1 amending act · 1982-05-17, S.I. No. 146/1982 - Trustee Savings Banks (No. 2) Regulations, 1982

Reform history JSON API

S.I. No. 12 of 1982.

TRUSTEE SAVINGS BANKS REGULATIONS, 1982.

I, JOHN BRUTON, Minister for Finance, in exercise of the powers conferred on me by section 41 of the Finance Act, 1968 (No. 33 of 1968), hereby make the following Regulations:—

1.

1.

(1) These Regulations may be cited as the Trustee Savings Banks Regulations, 1982.

2.

2.

These Regulations shall come into operation on the 21st day of January, 1982.

3.

3.

The rate of interest allowed on moneys standing to the credit of every separate investment account of a trustee savings bank in the name of the Minister for Finance in the Post Office Savings Bank shall, in lieu of the rate specified in the Trustee Savings Banks (No. 2) Regulations, 1980 ( S.I. No. 132 of 1980 ), be 16.15 per cent.

4.

4.

The Trustee Savings Banks (No. 2) Regulations, 1980 ( S.I. No. 132 of 1980 ), are hereby revoked.

GIVEN under my Official Seal, this 19th day of January, 1982.

JOHN BRUTON,

Minister for Finance.

EXPLANATORY NOTE.

These Regulations increase to 16.15 per cent per annum as from 21st January, 1982 the rate of interest payable by the Minister for Finance on moneys deposited with him by the trustee savings banks in every separate special investment account.

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