The National Savings Regulations 2015

• (c) the reference in regulation 58 to sections 3 and 4 of the Cheques Act 1957 must be construed as references to articles 3 and 4 of the Cheques (Jersey) Law 1957[^f00046];

• (d) a reference to a bankruptcy order must be construed as a reference to a declaration of “desastre”;

• (e) a reference to the Official Receiver must be construed as a reference to Her Majesty’s Viscount for Jersey or to an “attourne” appointed in a bankruptcy, as the case may be;

• (f) a reference to the Treasury Solicitor must be construed as a reference to Her Majesty’s Receiver General for Jersey;

• (g) a reference to a statutory declaration must be construed as a reference to a declaration on oath before the Bailiff, a Jurat, the Magistrate or a notary public;

• (h) a nomination made by a depositor domiciled in Jersey of any person to receive an amount due to the depositor at death, shall take effect only as to that portion of the personal estate over which that person had power of testamentary disposition according to the law of Jersey, but a payment made to a nominee without notice of the depositor’s incapacity to dispose of the whole or any portion of the estate nominated shall be a valid payment.

• (2) In the application of these Regulations to Guernsey, Alderney and Sark—

• (a) a reference to a person who lacks capacity must be construed as a reference to a person who under any law for the time being in force in any of the Islands of the Bailiwick of Guernsey is a person of unsound mind;

• (b) a reference to a deputy in relation to a person who lacks capacity must be construed as a reference to a guardian appointed by the Royal Court of Guernsey, the Court of Alderney or the Court of the Seneschal of Sark, as the case may be;

• (c) a reference to the Treasury Solicitor must be construed as a reference to Her Majesty’s Receiver-General;

• (d) a reference to a statutory declaration must be construed as a reference to a declaration on oath before a notary public or—

• (i) in Guernsey, before the Bailiff or Deputy Bailiff, a Jurat of the Royal Court or the Magistrate;

• (ii) in Alderney, before a Jurat of the Court of Alderney;

• (iii) in Sark, before the Seneschal;

• (e) the reference in regulation 58 to section 76(1), (3), (4) and (5) (so far as it relates to crossed cheques) and sections 77(6) and 78 to 81 of the Bills of Exchange Act 1882 must be construed likewise as references to section 75(1), (3), (4) and (5) and sections 76(6) and 77 to 80 of the Bills of Exchange (Guernsey) Law 1958[^f00047], and the reference to sections 3 and 4 of the Cheques Act 1957 must be construed as a reference to sections 83 and 84 of the Bills of Exchange (Guernsey) Law 1958;

• (f)

• (i) in relation to deposits, regulation 29 (withdrawals in the case of bankrupt sole depositors) should be read as if there is substituted—

(29) Where it appears to the Director of Savings that a sole depositor is insolvent, the Director of Savings may pay the deposits held in the name of the depositor to a person the Director of Savings is satisfied is a proper person to receive payment, on application by that person.

• (g) a nomination made by a depositor or holder of stock domiciled in the Bailiwick of Guernsey of any person to receive an amount due to the depositor, or any interest in stock held by the holder, at death, shall take effect only as to that portion of the personal estate over which that person had power of testamentary disposition according to the law of the Bailiwick of Guernsey, but a payment made to a nominee without notice of the depositor’s or holder’s incapacity to dispose of the whole or any portion of the estate nominated shall be a valid payment.

Revocations and savings

64

• (1) The instruments listed in the Schedule are revoked.

• (2) Anything done under a revoked provision that could have been done under a corresponding provision in these Regulations shall not be invalidated by the revocation, but shall have effect as if done under these Regulations.

• (3) These Regulations do not affect the validity of anything done by or in relation to the Postmaster General before 1st October 1969 under previously revoked provisions, and anything which at that date was in process of being done under those provisions by or in relation to the Postmaster General may be continued by or in relation to the Director of Savings.

Modifications

65

• (1) In section 125(5)(a) of the Finance Act 2009[^f00048] (National Savings ordinary accounts: surplus funds) the reference to regulations 2B to 2BB of the National Savings Bank Regulations 1972[^f00049] should be read as a reference to regulation 3 of these Regulations.

• (2) In Schedule 1, paragraph 3 of the Contracting Out (Functions Relating to National Savings) Order 1998[^f00050] the reference to regulations 21(1), (4) and (10) of the National Savings Bank Regulations 1972 should be read as a reference to regulations 24(2), (3) and (4) of these Regulations.

SCHEDULE — Revocations

• The Savings Bank Annuities (Tables) Order 1954[^f00051]

• The Savings Bank Annuities (Tables) Order 1955[^f00052]

• The Savings Banks (Ordinary Deposits) (Limits) Order 1969[^f00053]

• The Savings Banks (Ordinary Deposits) (Limits) Order 1969[^f00054]

• The National Savings Bank Regulations 1972[^f00055]

• The National Savings Bank (Amendment) Regulations 1974[^f00056]

• The National Savings Bank (Investment Deposits) (Limits) Order 1977[^f00057]

• The National Savings Bank (Amendment) Regulations 1978[^f00058]

• The National Savings Bank (Amendment) Regulations 1980[^f00059]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 1981[^f00060]

• The National Savings Bank (Amendment) Regulations 1981[^f00061]

• The National Savings Bank (Amendment) (No. 3) Regulations 1982[^f00062]

• The National Savings Bank (Amendment) (No. 4) Regulations 1982[^f00063]

• The National Savings Bank (Amendment) (No. 2) Regulations 1983[^f00064]

• The National Savings Bank (Amendment) Regulations 1984[^f00065]

• The National Savings Bank (Amendment) (No. 2) Regulations 1984[^f00066]

• The Savings Certificates (Yearly Plan) (Amendment) Regulations 1985[^f00067]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 1978[^f00068]

• The Savings Banks (Ordinary Deposits) (Limits) Order 1987[^f00069]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 1988[^f00070]

• The National Savings Bank (Amendment) Regulations 1988[^f00071]

• The National Savings Bank (Amendment) (No. 2) Regulations 1988[^f00072]

• The National Savings Bank (Amendment) Regulations 1989[^f00073]

• The National Savings Bank (Amendment) (No. 2) Regulations 1989[^f00074]

• The National Savings Bank (Amendment) Regulations 1991[^f00075]

• The National Savings Bank (Amendment) Regulations 1992[^f00076]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 1993[^f00077]

• The National Savings Bank (Amendment) Regulations 1993[^f00078]

• The National Savings Bank (Amendment) Regulations 1996[^f00079]

• The National Savings Bank (Amendment) (No. 2) Regulations 1996[^f00080]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 1996[^f00081]

• The National Savings Bank (Amendment) Regulations 1999[^f00082]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 1999[^f00083]

• The National Savings Bank (Amendment) (No. 2) Regulations 1999[^f00084]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) (No. 2) Order 1999[^f00085]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2000[^f00086]

• The National Savings Bank (Amendment) Regulations 2001[^f00087]

• ...

• The National Savings Bank (Amendment) Regulations 2003[^f00089]

• The Government Stock (Consequential and Transitional Provision) (No. 2) Order 2004[^f00090]

• The National Savings Bank (Amendment) Regulations 2006[^f00091]

• The National Savings Bank (Amendment) Regulations 2007[^f00092]

• The National Savings Bank (Amendment) Regulations 2008[^f00093]

• The National Savings Bank (Amendment) (No. 2) Regulations 2008[^f00094]

• The National Savings Bank (Amendment) (No. 3) Regulations 2008[^f00095]

• The National Savings Bank (Amendment) (No. 4) Regulations 2008[^f00096]

• The National Savings Bank (Amendment) Regulations 2011[^f00097]

• The National Savings Bank (Amendment) (No. 2) Regulations 2011[^f00098]

• The National Savings Bank (Amendment) Regulations 2013[^f00099]

• The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2014[^f00100]

Signed

David Evennett — Mark Lancaster — Two of the Lords Commissioners of Her Majesty’s Treasury — 10th March 2015

Explanatory note

(This note is not part of the Regulations)

EXPLANATORY NOTE

The National Savings Bank Act 1971 (“the 1971 Act”) and the National Debt Act 1972 (“the 1972 Act”) create the current statutory framework for the operation of the National Savings and Investment Bank and the Director of Savings. The Director of Savings, a statutory office-holder, carries on the business of the National Savings Bank under section 1 of the 1971 Act, principally providing a range of investment accounts which are subject to the 1971 Act and secondary legislation made under that Act (now consolidated in these Regulations). Under section 11 of the 1972 Act the Treasury raises money under the National Loans Act 1968 under the auspices of the Director of Savings. Section 1(1) of the 1972 Act provides that the Treasury may appoint a person to be Director of Savings and “the functions of the Director shall include those conferred on him by this Act”. The Director raises money, therefore, by issuing products such as Premium Bonds.

These Regulations consolidate the secondary legislation that governs the operation of the National Savings Bank made under the National Savings Bank Act 1971, including the National Savings Bank Regulations 1972.

The National Savings (No. 2) Regulations 2015 which were laid contemporaneously with these Regulations consolidate the secondary legislation that governs the operation of the National Savings Bank made under the National Debt Act 1972, following a separate Parliamentary procedure.

Part 3 of these Regulations, and Part 6 of the National Savings (No. 2) Regulations 2015, contain provisions common to both sets of Regulations.

The intention in the drafting of these Regulations is to consolidate the existing secondary legislation with necessary minor amendments, whilst revoking the spent and other instruments set out in the Schedule.

A full impact assessment has not been produced for this instrument as no impact on the costs of business or the voluntary sector is foreseen.

Footnotes

[^f00001]: 1971 c. 29; section 2 was amended by the Finance Act 1989 (c. 26), section 184(1) and the Trustee Savings Bank Act 1985 (c. 58) sections 4(3), 7(3) and Schedule 4; section 3(2) was amended by the Finance Act 1982 (c. 39), section 151, Schedule 20, paragraph 2; section 4 was amended by the Finance Act 1982 (c. 39), section 151, Schedule 20, paragraph 3 and the Finance Act 2000 (c. 17), section 152(1); section 6(1) was amended by the Finance Act 1982 (c. 39), section 151, Schedule 20, paragraph 5; section 8 was amended by the Finance Act 1982 (c. 39), section 151, Schedule 2, paragraph 1 and Schedule 20, paragraph 1, and the Finance Act 2003 (c. 14), section 208(1), (8), (9) and (10); section 9(1) was amended by SI 1984/539.

[^f00002]: 1962 c. 44.

[^f00003]: 2000 c. 8; section 427 amended by S.I. 2014/892.

[^f00004]: 2002 c. 23.

[^f00005]: 1971 c. 29.

[^f00006]: S.I. 1998/1870.

[^f00007]: 1939 c. 117; repealed by the National Loans Act 1968 (c. 13) section 24(4), Schedule 6, Part I, reference retained to cover any outstanding bonds issued under the repealed provision.

[^f00008]: 1968 c. 13; section 1 was amended by the Finance Act 1982 (c. 39) sections 152(1) and 152(2) and the Postal Services Act 2011 (c. 5) section 91(1), (2), Schedule 12, Part 3, paragraph 8.8(a) and (b).

[^f00009]: 1974 c. 46.

[^f00010]: 1992 c. 40.

[^f00011]: 2005 c. 9.

[^f00012]: 1968 c. 13.

[^f00013]: Section 9A was inserted by the Finance Act 2003 (c. 14), section 208(11).

[^f00014]: 1986 c. 53.

[^f00015]: 1965 c.12.

[^f00016]: 1969 c.24.

[^f00017]: 2010 c. 7.

[^f00018]: Section 9A was inserted by the Finance Act 2003 (c. 14), section 208(11).

[^f00019]: S.I. 2015/624.

[^f00020]: S.I. 1998/1446.

[^f00021]: Section 8(3) was inserted by the Finance Act 2003 (c. 14), sections 208(1), (8) and (10).

[^f00022]: Section 9A was inserted by the Finance Act 2003 (c. 14), section 208(11).

[^f00023]: 1968 c. 13; section 12 was amended by the Finance Act 1982 (c. 39) sections 152(1) and 152(2) and the Postal Services Act 2011 (c. 5) section 91(1), (2), Schedule 12, Part 3, paragraph 8.8(a) and (b).

[^f00024]: 2003 c. 1; no relevant amendments.

[^f00025]: 1964 c. 41.

[^f00026]: Section 5 was amended by the Finance Act 1989 c. 26 sections 184(2) to (4), 187, Schedule 17, Part XIII.

[^f00027]: Section 7 was amended by the Finance Act 1982 c. 39 section 151, Schedule 20, paragraph 6.

[^f00028]: Section 9A was inserted by the Finance Act 2003 (c. 14), section 208(11).

[^f00029]: S.I. 1998/1446; article 18 was amended by S.I. 2004/1662.

[^f00030]: There have been no relevant amendments to article 4.

[^f00035]: Section 9A was inserted by the Finance Act 2003 (c. 14), section 208(11).

[^f00036]: 1882 c. 61; section 80 was amended by the Cheques Act 1992 (c. 32), section 2.

[^f00037]: 1957 c. 36.

[^f00038]: 2003 asp 13.

[^f00039]: 1970 c. 31 (N.I.).

[^f00040]: S.I. 1986/595 (N.I. 4).

[^f00041]: SR (N.I.) 1991/364.

[^f00042]: AT 8 of 1998.

[^f00043]: 1962 c. 37.

[^f00044]: AT 6 of 1892, AT 4 of 1928, AT 3 of 1953, AT 6 of 1955, AT 16 of 1979 and AT 7 of 1986.

[^f00045]: Law 18 of 1969.

[^f00046]: Law 2 of 1958.

[^f00047]: Ordres en conseil Vol. XVII, p.384.

[^f00048]: 2009 c. 10.

[^f00049]: S.I. 1972/764.

[^f00050]: S.I. 1998/1449.

[^f00051]: S.I. 1954/1578.

[^f00052]: S.I. 1955/419.

[^f00053]: S.I. 1969/939.

[^f00054]: S.I. 1969/1699.

[^f00055]: S.I. 1972/764.

[^f00056]: S.I. 1974/553.

[^f00057]: S.I. 1977/1210.

[^f00058]: S.I. 1978/888.

[^f00059]: S.I. 1980/619.

[^f00060]: S.I. 1981/108.

[^f00061]: S.I. 1981/484.

[^f00062]: S.I. 1982/1282.

[^f00063]: S.I. 1982/1762.

[^f00064]: S.I. 1983/1750.

[^f00065]: S.I. 1984/9.

[^f00066]: S.I. 1985/1035.

[^f00067]: S.I. 1986/2001.

[^f00068]: S.I. 1987/329.

[^f00069]: S.I. 1987/330.

[^f00070]: S.I. 1988/1030.

[^f00071]: S.I. 1988/1166.

[^f00072]: S.I. 1988/2144.

[^f00073]: S.I. 1989/25

[^f00074]: S.I. 1989/2045

[^f00075]: S.I. 1991/72

[^f00076]: S.I. 1992/2892

[^f00077]: S.I. 1993/1239

[^f00078]: S.I. 1993/3130

[^f00079]: S.I. 1996/801

[^f00080]: S.I. 1996/1724

[^f00081]: S.I. 1996/1854

[^f00082]: S.I. 1999/588

[^f00083]: S.I. 1999/1056

[^f00084]: S.I. 1999/1611

[^f00085]: S.I. 1999/2060

[^f00086]: S.I. 2000/1421

[^f00087]: S.I 2001/858

[^f00089]: S.I. 2003/2895

[^f00090]: S.I. 2004/1662

[^f00091]: S.I. 2006/1066

[^f00092]: S.I. 2007/1265

[^f00093]: S,I. 2008/734

[^f00094]: S.I. 2008/1142

[^f00095]: S.I. 2008/1164

[^f00096]: S.I. 2008/3098

[^f00097]: S.I. 2011/783

[^f00098]: S.I. 2011/2288

[^f00099]: S.I. 2013/8

[^f00100]: S.I. 2014/484

Editorial notes

[^key-580e2680181eb2baf94b89bb6f23d5a2]: Reg. 1 in force at 6.4.2015, see reg. 1(1)

[^key-d8d4ef8845ffdf7e526c381e9ea9c1f3]: Reg. 2 in force at 6.4.2015, see reg. 1(1)

[^key-6f7773f848e382e3bc0236fc1904acf5]: Reg. 3 in force at 6.4.2015, see reg. 1(1)

[^key-20081170bf944eeb4b24045489debf85]: Reg. 4 in force at 6.4.2015, see reg. 1(1)

[^key-2177c9f833237b0b3dba4fcaf2b39fd6]: Reg. 5 in force at 6.4.2015, see reg. 1(1)

[^key-2c8d1dcc93e20487bb5c27d9442e1658]: Reg. 6 in force at 6.4.2015, see reg. 1(1)

[^key-8afeda73917b3a1d7e3a3d97e6a6e957]: Reg. 7 in force at 6.4.2015, see reg. 1(1)

[^key-2e66ae7348a6ddb245f6301ca9a86879]: Reg. 8 in force at 6.4.2015, see reg. 1(1)

[^key-ce319fb9f21442eb4ab62d6e02c2fe42]: Reg. 9 in force at 6.4.2015, see reg. 1(1)

[^key-2dfebb942a653db6937ad80c27d4b0d4]: Reg. 10 in force at 6.4.2015, see reg. 1(1)

[^key-eabf59dceaec1b50a98e6778d156d98c]: Reg. 11 in force at 6.4.2015, see reg. 1(1)

[^key-15c457f572ccbf5a775741c79aac3999]: Reg. 12 in force at 6.4.2015, see reg. 1(1)

[^key-c13fa2b907660cf82b14e07ff1bb9568]: Reg. 13 in force at 6.4.2015, see reg. 1(1)

[^key-5bbc8606a413fdcdd51d4bcdfa009b6f]: Reg. 14 in force at 6.4.2015, see reg. 1(1)

[^key-e3bee9ed9c000ac2a35967b6531c0e03]: Reg. 15 in force at 6.4.2015, see reg. 1(1)

[^key-fa7769d021816b7c7ab4ee1ab548a86f]: Reg. 16 in force at 6.4.2015, see reg. 1(1)

[^key-5270222a949b042b54ef37d767888ba3]: Reg. 17 in force at 6.4.2015, see reg. 1(1)

[^key-79b4d727731c7985bc60c42052d583aa]: Reg. 18 in force at 6.4.2015, see reg. 1(1)

[^key-58628febcbb58540dcebac77cc60408d]: Reg. 19 in force at 6.4.2015, see reg. 1(1)

[^key-bb240b83ac68c7e11bd6fc6d975e1744]: Reg. 20 in force at 6.4.2015, see reg. 1(1)

[^key-d8579b74cb0d8994a9614b42a39a6502]: Reg. 21 in force at 6.4.2015, see reg. 1(1)

[^key-445f40005ca844d96663164498f6ac61]: Reg. 22 in force at 6.4.2015, see reg. 1(1)

[^key-8cd84b8819d52a0816d145d8e4919962]: Reg. 23 in force at 6.4.2015, see reg. 1(1)

[^key-ae8e2c8a097de9e7a8eb812feffce3cc]: Reg. 24 in force at 6.4.2015, see reg. 1(1)

[^key-eb5745d1635e62f0cad3c32f4956abbd]: Reg. 25 in force at 6.4.2015, see reg. 1(1)

[^key-f2a8a054ef446725793d9974233ab086]: Reg. 26 in force at 6.4.2015, see reg. 1(1)

[^key-647f6f12305e9ea26c064fbb1ad372e6]: Reg. 27 in force at 6.4.2015, see reg. 1(1)

[^key-9ff309f4326a92c44b70b87adfd01b3e]: Reg. 28 in force at 6.4.2015, see reg. 1(1)

[^key-ff879ad6fe2168a99bdb1add59b1758b]: Reg. 29 in force at 6.4.2015, see reg. 1(1)

[^key-7f6b7035d4d72821c60c1a798cfdc58d]: Reg. 30 in force at 6.4.2015, see reg. 1(1)

[^key-1b2d05a0e975e075bcd9fd61f010b639]: Reg. 31 in force at 6.4.2015, see reg. 1(1)

[^key-c0de89146f6e1d4ba27c611681dd5aad]: Reg. 32 in force at 6.4.2015, see reg. 1(1)

[^key-9334523e854c379a5691c14c337bfdca]: Reg. 33 in force at 6.4.2015, see reg. 1(1)

[^key-6f9b5b181a92fbde6b4824372e7fdf95]: Reg. 34 in force at 6.4.2015, see reg. 1(1)

[^key-1f0234d86dad45660c0411ce62a15bc2]: Reg. 35 in force at 6.4.2015, see reg. 1(1)

[^key-74fdecf750c1108bc22f473674b09c15]: Reg. 36 in force at 6.4.2015, see reg. 1(1)

[^key-1440e09e9b238573fae1c2404e9e035a]: Reg. 37 in force at 6.4.2015, see reg. 1(1)

[^key-3af58e53c81157f16b6b72d16c7812b8]: Reg. 38 in force at 6.4.2015, see reg. 1(1)

[^key-11e31dc49bbe42d2475d390c39f012fb]: Reg. 39 in force at 6.4.2015, see reg. 1(1)

[^key-79d2f20d9bae9e956b01f05611353d13]: Reg. 40 in force at 6.4.2015, see reg. 1(1)

[^key-50c08b684ea9374d634bb1e6bf4ed8ee]: Reg. 41 in force at 6.4.2015, see reg. 1(1)

[^key-d31100b7e85950d9aed9e64e4d87e113]: Reg. 42 in force at 6.4.2015, see reg. 1(1)

[^key-f28b2a1846dc07d35010f81474d0a239]: Reg. 43 in force at 6.4.2015, see reg. 1(1)

[^key-70daf0dcda0114cee2cec36a3b6f4028]: Reg. 44 in force at 6.4.2015, see reg. 1(1)

[^key-73e6564c5b2d89ac7817965a001c2f51]: Reg. 45 in force at 6.4.2015, see reg. 1(1)

[^key-316944db1da828c09223e229a851bacd]: Reg. 46 in force at 6.4.2015, see reg. 1(1)

[^key-bf4336ddfc88dbd431b928ddadb004b5]: Reg. 47 in force at 6.4.2015, see reg. 1(1)

[^key-f8909c623f96a2acc13fad9e21165f83]: Reg. 48 in force at 6.4.2015, see reg. 1(1)

[^key-b5aa0e5c4ea94589b795439436f78cfa]: Reg. 49 in force at 6.4.2015, see reg. 1(1)

[^key-73db2068e73b5d03ab55e1e9c54bdc5d]: Reg. 50 in force at 6.4.2015, see reg. 1(1)

[^key-b5edc4470ec7158d644a424135a05930]: Reg. 51 in force at 6.4.2015, see reg. 1(1)

[^key-3afb55cc3f93c8d4e5e28eaaba8230a0]: Reg. 52 in force at 6.4.2015, see reg. 1(1)

[^key-59e881952840cf3ac298cce6aaf0001e]: Reg. 53 in force at 6.4.2015, see reg. 1(1)

[^key-f56972bd4f5f099a463de0d72e910c9d]: Reg. 54 in force at 6.4.2015, see reg. 1(1)

[^key-1db0d42b9338f309c7b63a21a630a204]: Reg. 56 in force at 6.4.2015, see reg. 1(1)

[^key-8ccd3622097657a5dbc6d2a9ce4d66f8]: Reg. 57 in force at 6.4.2015, see reg. 1(1)

[^key-f7adfaef1bfa91a31bbd364acc637b40]: Reg. 58 in force at 6.4.2015, see reg. 1(1)

[^key-0f99dc80ea98eba93d5f3786f390ceae]: Reg. 59 in force at 6.4.2015, see reg. 1(1)

[^key-3193ca9783c193d61f717decdca4ab84]: Reg. 60 in force at 6.4.2015, see reg. 1(1)

[^key-795ed85022857295fbc072ab4402dfe0]: Reg. 61 in force at 6.4.2015, see reg. 1(1)

[^key-264a434e05232c9f277c1740958b9b05]: Reg. 62 in force at 6.4.2015, see reg. 1(1)

[^key-15e471844335165f1cea408f6cde616c]: Reg. 63 in force at 6.4.2015, see reg. 1(1)

[^key-a553b0d9889e7ce9a9f249c80cbc1622]: Reg. 64 in force at 6.4.2015, see reg. 1(1)

[^key-c8c2f06392127ab3f5970f7e70a4e9c4]: Reg. 65 in force at 6.4.2015, see reg. 1(1)

[^key-1eda032d656dbe01709fb67fa7bd5dc9]: Sch. in force at 6.4.2015, see reg. 1(1)

[^key-1a67130c3b5eff3d72120da91b74ee07]: Reg. 23 modified (6.4.2015) by The National Savings (No. 2) Regulations 2015 (S.I. 2015/624), regs. 1(1), 42(6), 59(4)

[^key-abd404584244ec5f8589a40af9a8dc4a]: Words in Sch. omitted (4.5.2016) by virtue of Bank of England and Financial Services Act 2016 (c. 14), ss. 37(2), 41(1)

[^key-f27ffa9a287b3958e74c7a49be1328ea]: Words in reg. 2 inserted (15.8.2017) by The National Savings (Amendment) Regulations 2017 (S.I. 2017/787), regs. 1(1), 2(2)

[^key-4374417dc54533ab7035ceea8d90a0d8]: Reg. 59(3) inserted (15.8.2017) by The National Savings (Amendment) Regulations 2017 (S.I. 2017/787), regs. 1(1), 2(3)

[^key-a8d053cdde500a3af147d35730510dd5]: Reg. 55 omitted (20.3.2025) by virtue of Finance Act 2025 (c. 8), s. 62(1)