PART 5Children’s savings certificates
CHAPTER 2Interest and payments
Record of partial repayments65
1
This regulation applies in relation to—
a
a Children’s Bond; and
b
a Children’s Bonus Bond from and including the anniversary of its date of purchase that falls after 19th September 2012 and before 20th September 2013.
2
Where part of a children’s certificate to which this regulation applies has been repaid, the Director of Savings must promptly make available to the holder a record of—
a
the amount repaid;
b
the capital value of the part of the certificate that has not been repaid;
c
the annual rate of interest applying to that certificate; and
d
the date on which the current term of that certificate will end.
3
Nothing in the terms and conditions applying to a children’s certificate to which this regulation applies shall require the Director of Savings to issue that certificate in documentary form.