Statutory Instruments

1986 No. 1220 (C.34)

SAVINGS BANKS

The Trustee Savings Banks Act 1985 (Appointed Day) (No. 2) Order 1986

Made

14th July 1986

The Treasury, in exercise of the powers conferred upon them by section 4(3) and (4) of the Trustee Savings Banks Act 1985, hereby make the following Order:—

1.  This Order may be cited as the Trustee Savings Banks Act 1985 (Appointed Day) (No. 2) Order 1986.

2.  20th July 1986 shall be the appointed day for the purposes of the repeal of the provisions of:—

(a) the Trustee Savings Banks Act 1981 which are set out in Schedule 1 to this Order; and

(b) the other enactments which are set out in Schedule 2 to this Order.

Tim Sainsbury

Nigel Lawson

Two of the Lords Commissioners of Her Majesty's Treasury

14th July 1986

Article 2(a)

SCHEDULE 1 REPEAL IN TRUSTEE SAVINGS BANKS ACT 1981

Chapter	Short title	Extent of repeal
1981 c. 65.	The Trustee Savings Banks Act 1981.	In Schedule 7, paragraph 10 and, in paragraph 12(a) of that Schedule, the words “4 to 7”.

Article 2(b)

SCHEDULE 2 REPEAL OF OTHER ENACTMENTS

Chapter	Short title	Extent of repeal
11 &12 Geo. 5 c. 32.	Finance Act 1921.	In Schedule 3, in paragraph 1, the words from “registered”, where first occurring, to “otherwise” and, in the proviso, the words “to the trustees of the savings bank”, “cheque or”, in each place where occurring, “a cheque signed by the trustees of the savings bank or” and “the trustees”, where last occurring and, in the paragraph following the proviso, the words “a trustee savings bank” and, in paragraph 8, the words from “and the trustees” to “bank”.
9 &10 Geo. 6. c.64.	Finance Act 1946.	In section 66, the words from the beginning to “accordingly”.
1969 c. 32.	Finance Act 1969.	In section 52(1), the words from “through”, where first occurring, to “or”, where first occurring.
1971 c. 29.	National Savings Bank Act 1971.	Section 2(2). Sections 13 and 14. In section 27, the definition of “trustee savings bank”.

EXPLANATORY NOTE

This Order appoints 20th July 1986 as the date for the repeal of paragraph 10 of Schedule 7 to the Trustee Savings Banks Act 1981 (which relates to the parts of the National Savings Stock Register formerly kept by trustees of the existing trustee savings banks) and of certain other enactments provided for by the Trustee Savings Banks Act 1985.