The Savings Certificates Regulations 1991

Regulations 4(6) and 5(1)

SCHEDULE 1

PART I

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

1.  An index-linked certificate issued before 7th September 1981 may beheld by any person who—

(a) is not under a legal disability, and

(b) had at the date he or she purchased the index-linked certificateattained the minimum eligible age, that is—

(i) in relation to an index-linked certificate issued not laterthan 16th November 1980, the age of 65 years in the case of a man or theage of 60 years in the case of a woman;

(ii) in relation to an index-linked certificate issued after 16thNovember 1980 but not later than 5th April 1981 the age of 60 years; or

(iii) in relation to an index-linked certificate issued after 5thApril 1981, the age of 50 years;

or by any two or more of such persons jointly:

• Provided that nothing in sub-paragraph (b) shall prevent anindex-linked certificate, whenever issued, from being transferred to aperson who is at the date of transfer eligible to hold an index-linkedcertificate.

2.  An index-linked certificate issued before 7th September 1981 andpurchased, in accordance with the provisions of these Regulations, byhis receiver on behalf of and in the name of a mentally disorderedperson who had attained the minimum eligible age shall be deemed to beheld by the person on whose behalf it was purchased.

PART II

Maximum holding of certificates issued before 10th September 1985

Description of Certificates	Maximum holding of units
Certificates issued not later than 31st March 1947, the price of issue of which is less than £1 per unit certificate	500
Certificates issued not later than 31st March 1947, the price of issue of which is £1 per unit certificate	250
Certificates issued after 31st March 1947 but not later than 31st January 1951	1,000
Certificates issued after 31st January 1951 but not later than 31st July 1956	1,400
Certificates issued after 31st July 1956 but not later than 12th March 1963	1,200
Certificates issued after 12th March 1963 but not later than 27th March 1966	600
Certificates issued after 27th March 1966 but not later than 4th October 1970	1,500
Certificates issued after 4th October 1970 but not later than 16th June 1974	1,500
Certificates issued after 16th June 1974 but not later than 12th December 1976, or after 31st March 1977 but not later than 28th January 1979, the price of issue of which was £1 per unit certificate	3,000
Index-linked certificates issued after 1st June 1975 but not later than 16th November 1980, the price of issue of which was £10 per unit certificate	120
Certificates issued after 12th December 1976 but not later than 31st March 1977, the price of issue of which was £5 per unit certificate	300
Certificates, not being index-linked certificates, issued after 28th January 1979 but not later than 3rd February 1980, the price of issue of which was £10 per unit certificate	150
Certificates, not being index-linked certificates, issued after 3rd February 1980 but not later than 10th May 1981, the price of issue of which was £10 per unit certificate	500
Index-linked certificates issued after 16th November 1980 but not later than 30th June 1985, the price of issue of which was £10 per unit certificate	1,000
Certificates, not being index-linked certificates, issued after 10th May 1981 but not later than 8th November 1981, the price of issue of which was £10 per unit certificate	500
Certificates issued after 8th November 1981 but not later than 10th March 1982, the price of issue of which was £25 per unit certificate	200
Certificates issued after 18th April 1982 but not later than 4th November 1982, the price of issue of which was £25 per unit certificate	200
Certificates issued after 16th November 1982 but not later than 14th August 1983, the price of issue of which was £25 per unit certificate	200
Certificates issued after 14th August 1983 but not later than 19th March 1984, the price of issue of which was £25 per unit certificate	200
Certificates issued after 4th April 1984 but not later than 7th August 1984, the price of issue of which was £25 per unit certificate	200
Certificates issued after 7th August 1984 but not later than 11th September 1984, the price of issue of which was £25 per unit certificate	200
Certificates issued after 14th October 1984 but not later than 12th February 1985, the price of issue of which was £25 per unit certificate	200
Certificates, not being index-linked certificates, issued after 12th February 1985 but not later than 9th September 1985, the price of issue of which was £25 per unit certificate	200