The National Savings (No. 2) Regulations 2015 No. 624

PART 2 U.K. Premium savings bonds

CHAPTER 2 U.K. Payments in relation to bonds

Payments in the case of bankrupts U.K.

10.  Where it appears to the Director of Savings that—

(a) a bankruptcy order has been made against a holder of a bond;

(b) a trustee has been appointed in the bankruptcy of a holder; or

(c) an order for the administration in bankruptcy of the estate of a deceased holder has been made,

the Director of Savings may pay to the Official Receiver or trustee (on their application) the amount repayable, or any other amount payable, in relation to the bond.

Commencement Information

I1 Reg. 10 in force at 6.4.2015, see reg. 1(1)