Search Legislation

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

What Version

 Help about what version
  • Latest available (Revised)
  • Original (As made)

Opening Options

 Help about opening options


This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

7.  Regulation 42 shall be amended—

(a)in paragraph (2), by substituting for the words from “calculated on” to the end of the paragraph, the following—


(a)in the case of a treasurer’s account, on any amount less than one penny or some multiple of one penny;

(b)in any other case, on any amount less than £1 or some multiple of £1.

(2A) For the purposes of this regulation, a deposit made by bank giro credit in accordance with regulation 29F(1) above shall be deemed to have been made on the day on which the relevant amount is credited to the approved bank account.; and

(b)in paragraph (3), by substituting for the words from “withdrawn on” to the end of the paragraph, the following—

  • withdrawn—


    where payment was made by warrant, on the earliest day on which that warrant was payable,


    where payment by electronic transfer was initiated in accordance with regulation 29H(3) or 29I(3) above, the day on which the payment would, in the normal course, have been received as a result thereof by the banker or other person with whom the receiving account was kept..

Back to top


Print Options


Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.


Opening Options

Different options to open legislation in order to view more content on screen at once


More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources