1965 No. 567
The Trustee Savings Banks Life Annuity (Amendment) Regulations 1965
Made
Laid before Parliament
Coming into Operation
The National Debt Commissioners, in exercise of the powers conferred upon them bysections 43 and 52(2) of the Government Annuities Act 1929 and of all other powers enabling them in that behalf, with the concurrence of the Treasury, hereby make the following Regulations:—
1
The Trustee Savings Banks Life Annuity Regulations 19301, as amended2, shall be further amended as follows:—
a
by inserting, at the end of Regulation 2 thereof, the following definitions:—
The expression ‘savings account’ means the account of savings account deposits.
The expression ‘savings account deposit’ means has the meaning assigned to it by 1964 c. 4. section 1(3) of the Trustee Savings Banks Act 1964.
b
by deleting Regulations 5, 6, 7, 8 and 9 thereof and in Regulation 11 thereof the words and figures “2s. 6d. for each £100 of purchase money received through their Savings Bank, and also”
;
c
by substituting, in Regulation 11 thereof, for the words “the Trustees' Account”
, and in Regulation 12 thereof, for the words “the account of the Savings Bank”
, the words “the general account kept by the Commissioners on account of sums due to the Savings Bank in respect of savings account deposits”
;
d
by inserting, in Regulation 13 thereof, before the word “account”
the word “savings”
and after the word “deposited”
the words “in a savings account”
.
2
The Interpretation Act 1889 shall apply for the interpretation of these Regulations as it applies for the interpretation of an Act of Parliament.
3
These Regulations may be cited as the Trustee Savings Banks Life Annuity (Amendment) Regulations 1965 and shall come into operation on 27th March 1965.
We concur,