National Savings Bank Act 1971
General
1 The National Savings Bank.
2 General power to make regulations.
Provisions as to deposits
3 Ordinary and investment deposits.
4 Limit on amount of deposits.
5 Interest on ordinary deposits.
6 Interest on investment deposits.
7 Withdrawal of deposits.
8 Regulations as to particular matters.
9 Payment on death without representation.
9AInvestment account terms and conditions
10 Settlement of disputes.
11 Fees on reference of disputes.
12 Secrecy.
13, 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15 Transfer of deposits from and to overseas savings banks.
16 Deposits by charities etc.
Management of ordinary deposits
17 Application of ordinary deposits.
18 Securities in which ordinary deposits may be invested.
19 Annual statement with respect to ordinary deposits.
20 Adjustment of balances relating to ordinary deposits.
Management of investment deposits
21—23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Miscellaneous and general
24 Sums to be included in expenses of Director of Savings and Commissioners.
25 Ultimate liability of Consolidated Fund for repayment of deposits.
26 Regulations, orders and warrants.
27 Interpretation.
28 Repeals and transitional provisions.
29 Short title, commencement and extent.
SCHEDULES
SCHEDULE 1
. . . . . . . . . ....
SCHEDULE 2 Repeals

National Savings Bank Act 1971

1971 c.29

An Act to consolidate certain enactments relating to the National Savings Bank, with amendments to give effect to recommendations of the Law Commission and the Scottish Law Commission.

Annotations:
Commencement Information
I1

Act not in force at Royal Assent see s. 29(2); Act wholly in force at 12.6.1971