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This Order further amends the National Savings Bank (Investment Deposits) (Limits) Order 1977 (“the 1977 Order”) by increasing, from £3,600 to £5,100, the limit on the annual amount which can be accepted by the Director of Savings from any person by way of a deposit in an individual savings account (“ISA”) at the National Savings Bank with effect from 6th April 2010. The Order also varies the 1977 Order, for the period from 6th October 2009 until 6th April 2010, by increasing the limit on the annual amount which can be accepted by the Director of Savings into an ISA from any person who will be aged 50 or over not later than 5th April 2010 to £5,100.
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