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Amendments to the National Savings (No. 2) Regulations 2015
This section has no associated Explanatory Memorandum
2.—(1) The National Savings (No. 2) Regulations 2015 () are amended as follows.
(2) In regulation 4(4)(a), for “a parent or guardian or grandparent, or by a person who the Director of Savings is satisfied is a proper person to act on behalf of the minor”, substitute “any person who may purchase a bond under paragraph (1)”.
(3) In regulation 8(2), for the words from “must” to the end, substitute “must be made to, and on the application of, a person who the Director of Savings is satisfied is a proper person to receive payment.”.
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