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The Savings Certificates Regulations 1991

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Saving for rights of joint holders, etc

32.—(1) Nothing in these Regulations relating to joint holders ofcertificates shall affect the mutual rights of any joint holders.

(2) Nothing in these Regulations relating to trustees shall as betweenany trustees or as between any trustee and the beneficiaries under atrust be deemed to authorise the trustees to act otherwise than inaccordance with the rules of law applying to the trust and the terms ofthe instrument (if any) constituting the trust.

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