LegalizeThe National Savings Bank (Amendment) Regulations 1974
Made: 26th March 1974
Laid before Parliament: 27th March 1974
Coming into Operation: 1st May 1974
The Treasury, in exercise of the powers conferred on them by section 2 of the National Savings Bank Act 1971, as extended by section 3(2) of that Act, and of all other powers enabling them in that behalf, hereby make the following Regulations:—
1
These Regulations may be cited as the National Savings Bank (Amendment) Regulations 1974, and shall come into operation on 1st May 1974.
2
The Interpretation Act 1889 shall apply for the interpretation of these Regulations as it applies for the interpretation of an Act of Parliament.
3
The National Savings Bank Regulations 1972[^f00001] shall be amended, in Regulation 28, by the deletion of paragraphs (3) and (4) thereof.
Signed
Donald R. Coleman — James Hamilton — Two of the Lords Commissioners of Her Majesty's Treasury — 26th March 1974
Explanatory note
EXPLANATORY NOTE
These Regulations, which amend the National Savings Bank Regulations 1972, remove the requirement that a person making an investment deposit in the National Savings Bank shall have ordinary deposits of not less than £50 standing to his credit in the Bank.
Footnotes
[^f00001]: (1972 II, p. 2421).
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