Explanatory Note

(This note is not part of the Order)

This Order appoints 31st October 1990 as the date for the purpose of sections 2(4) and 4(2) of the Trustee Savings Banks Act 1985 (abolition of the Central Board and dissolution of the trustee savings banks certified under the Trustee Savings Banks Act, 1969 or 1981) and for the repeal of those provisions of the Trustee Savings Banks Act 1981 which are set out in the Schedule to the Order.

This completes the repeal of the 1981 Act subject only to the transitional and savings provisions contained in this Order and in the Trustee Savings Banks Act 1985 (Appointed Day)(No. 4) Order 1986 (S.I. 1986/1223).

This Order is entitled the Trustee Savings Banks Act 1985 (Appointed Day) (No. 7) Order 1990 although it is only the sixth Appointed Day Order made under the 1985 Act. The fifth Appointed Day Order made under the 1985 Act was incorrectly entitled the Trustee Savings Banks Act 1985 (Appointed Day) (No. 6) Order 1988 (S.I. 1988/1168).