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The National Savings (No. 2) Regulations 2015
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- UK Statutory Instruments
- 2015 No. 624
- PART 4
- CHAPTER 2
- Regulation 51
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Payments to friendly societies, etc.
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51.—(1) This regulation applies where a certificate is held by a friendly society or other body of persons, whether incorporated or not.
(2) The society or body may, in the approved form, specify the names of persons authorised to apply for payment of the amount repayable in relation to a certificate on behalf of the society or body.
(3) An application for payment must be made by the society or body in the name of those authorised persons or, where no persons have been authorised, in the names of persons approved by the Director of Savings.
(4) A receipt for the amount may be given by any person purporting to be an agent or officer of the society or body authorised to receive payment.
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