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The National Savings Stock Register Regulations 1976

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  1. Introductory Text

  2. PRELIMINARY

    1. 1.Citation and commencement

    2. 2.Interpretation

  3. GENERAL PROVISIONS AS TO REGISTER

    1. 3.Commissioners to hold stock in books of Bank of England

    2. 4.Keeping of the register

  4. SUBSCRIPTION, PURCHASE AND SALE OF STOCK

    1. 5.Subscription for stock

    2. 6.Purchase of stock

    3. 7.Limit on amount of stock which may be purchased on any one day

    4. 8.Limit on total holding of certain stock

    5. 9.Forfeiture of stock

    6. 10.Issue of certificate and subscription books

    7. 11.Sale of stock

    8. 12.Commission chargeable on purchase or sale of stock

  5. CONVERSION AND REDEMPTION

    1. 13.Conversion

    2. 14.Redemption

  6. TRANSFER AND EXCHANGE OF STOCK

    1. 15.Transfers

    2. 16.Exchange of stock on register for stock on books of Bank of England or Ireland

    3. 17.Exchange of stock on books of Bank of England or Ireland for stock on register

    4. 18.Transfer of stock from one part of the National Savings Stock Register to another

    5. 19.Transfer to register of small holdings in names of deceased persons

    6. 20.Transfer of stock to Commissioners of Inland Revenue in payment of duties or tax

  7. DIVIDENDS AND PAYMENTS

    1. 21.Dividends

    2. 22.Payments by the Director of Savings

    3. 23.Payment in case of mentally disordered persons

    4. 24.Payment in case of bankruptcy

    5. 25.Authority for payment to third party

  8. JOINT HOLDERS, TRUSTEES AND PERSONS UNDER DISABILITY

    1. 26.Joint holders of Stock

    2. 27.Power of holders to act by majority

    3. 28.Application by holders of stock to be described in register as trustees

    4. 29.Saving for rights of joint holders and of beneficiaries under trusts

    5. 30.Minors

    6. 31.Persons under disability

  9. NOMINATIONS

    1. 32.Power of holder of stock to make nomination

    2. 33.Form of nomination

    3. 34.Record of nominations

    4. 35.Effect on nomination of transfer of stock to other part of the National Savings Stock Register

    5. 36.Revocation of nomination

    6. 37.Particulars to be furnished by nominator to Director of Savings

    7. 38.Operation of nomination

    8. 39.Nominations made before 1st October 1921

  10. DEATH OF HOLDER

    1. 40.Law applicable on death of holder of stock

    2. 41.Payment without a grant of representation

    3. 42.Death duties or capital transfer tax chargeable on the death of the holder of any stock

  11. UNCLAIMED DIVIDENDS AND REDEMPTION MONEYS

    1. 43.Unclaimed dividends and redemption moneys

    2. 44.Stock or dividends transferred under earlier Regulations to the Unclaimed Stock Account

  12. MISCELLANEOUS

    1. 45.Payments from and into the National Savings Bank

    2. 46.Loss of documents

    3. 47.Persons unable to write

    4. 48.Rectification of mistakes

    5. 49.Fees on reference of disputes

    6. 50.Powers of attorney

    7. 51.Exemption from stamp duty

    8. 52.Fees for birth, death and marriage certificates

    9. 53.Indemnity of Treasury, Commissioners, Director of Savings and officers

    10. 54.Saving for rights of third parties

    11. 55.Form of documents

    12. 56.Evidence of identity, etc

    13. 57.Obligation of secrecy

    14. 58.Receipts to be a good discharge

    15. 59.Application to Scotland

    16. 60.Application to Northern Ireland

    17. 61.Application to the Isle of Man

    18. 62.Application to the Channel Islands

    19. 63.Revocations and savings

  13. Signature

    1. SCHEDULE 1

      AMOUNT OF COMMISSION ON PURCHASES AND SALE OF STOCK

    2. SCHEDULE 2

  14. Explanatory Note

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