The National Savings Bank (Amendment) (No. 2) Regulations 1996 No. 1724

5.  Regulation 29 shall be amended—

(a) in paragraph (1), by substituting for the words “one month's”, the words “the relevant”;

(b) by inserting after paragraph (1) the following—

“(1A) In paragraph (1) above, the relevant prior notice is—

(a) in the case of withdrawal from a treasurer’s account, 30 days' prior notice, and

(b) in any other case, one month’s prior notice.”;

(c) by substituting for paragraph (8) the following—

“(8) Paragraphs (2A) and (3) of regulation 42 below shall apply for the purposes of the preceding paragraphs of this regulation as they apply for the purposes of that regulation.”; and

(d) by inserting after paragraph (11) the following—

“(12) Paragraphs (9) and (10) above shall not apply to a withdrawal from a treasurer’s account.”.