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The Savings Certificates Regulations 1991

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  1. Introductory Text

  2. PRELIMINARY

    1. 1.Citation and commencement

    2. 2.Interpretation

  3. ISSUE AND PURCHASE OF CERTIFICATES

    1. 3.Issue, purchase and recording of certificates

    2. 4.Persons entitled to purchase and hold certificates

    3. 5.Maximum holding of certificates

  4. REPAYMENT OF CERTIFICATES

    1. 6.Applications for repayment

    2. 7.Repayment warrants

    3. 8.Amount repayable when proceeds reinvested

    4. 9.Repayment in case of persons under 7 years of age and mentallydisordered persons

    5. 10.Repayment in case of certificate held by persons jointly

    6. 11.Repayment to friendly societies, etc

    7. 12.Repayment in case of bankrupts

  5. TRANSFER OF CERTIFICATES AND ADDITION OF NAMES

    1. 13.Transfers and addition of names

  6. PAYMENT IN CASE OF DEATH

    1. 14.Payment under grant of representation

    2. 15.Payment without a grant of representation

    3. 16.Law applicable on holder’s death

    4. 17.Inheritance tax chargeable on holder’s death

  7. MISCELLANEOUS

    1. 18.Persons under disability

    2. 19.Payments into National Savings Bank

    3. 20.Loss of certificates, etc

    4. 21.Forfeiture of certificates

    5. 22.Persons unable to write

    6. 23.Rectification of mistakes

    7. 24.Settlement of disputes

    8. 25.Notice of trust not receivable by Director of Savings

    9. 26.Fees for birth, death and marriage certificates

    10. 27.Indemnity of Treasury, Director of Savings and officers

    11. 28.Saving for rights of third parties

    12. 29.Form of documents

    13. 30.Evidence of identity, etc

    14. 31.Obligation of secrecy

    15. 32.Saving for rights of joint holders, etc

    16. 33.Application to Scotland

    17. 34.Application to Northern Ireland

    18. 35.Application to the Isle of Man

    19. 36.Application to the Channel Islands

    20. 37.Nominations

    21. 38.Revocation

  8. Signature

    1. SCHEDULE 1

      1. PART I

        1. 1.Persons entitled to hold index-linked certificates purchased before7th September 1981

        2. 2.An index-linked certificate issued before 7th September 1981 andpurchased, in...

      2. PART II

    2. SCHEDULE 2

      NOMINATIONS

      1. 1.Power of Holder of Certificate to nominate

      2. 2.Form of nomination

      3. 3.Validity, retention and acknowledgement of nomination

      4. 4.Revocation of nomination

      5. 5.Particulars to be furnished by nominator to Director of Savings

      6. 6.Operation of nomination

      7. 7.Application to the Channel Islands

    3. SCHEDULE 3

      REVOCATIONS

  10. Explanatory Note

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