The Savings Certificates Regulations 1991

Repayment in case of persons under 7 years of age and mentallydisordered persons

9.—(1) Subject to the provisions of this regulation, no repayment shall bemade in respect of a certificate held by a person under the age of sevenyears.

(2) An application for repayment in respect of a certificate held by amentally disordered person shall be made by his receiver.

(3) Where it is shown to the satisfaction of the Director of Savingsthat any person holding, or having an interest in, a certificate is aperson under the age of seven years, the Director of Savings may, if hethinks fit, pay the whole or any part of the amount repayable in respectof the certificate to any person who satisfies him that he is a properperson to receive payment.

(4) Where it is shown to the satisfaction of the Director of Savingsthat any person holding, or having an interest in, a certificate is amentally disordered person for whose estate no receiver has beenappointed, the Director of Savings may, if he thinks fit, pay the wholeor any part of the amount repayable in respect of the certificate to anyperson who satisfies him that he will apply the payment for themaintenance or otherwise for the benefit of the mentally disorderedperson.