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The National Savings (No. 2) Regulations 2015

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Changes over time for: Section 84

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Particulars to be furnished by nominator to Director of savingsU.K.

This section has no associated Explanatory Memorandum

84.—(1) For the purpose of these Regulations, when a change occurs in relation to an interest to which a nomination relates, the nominator must—

(a)make the necessary corrections to the particulars in the nomination; and

(b)forward the amended nomination to the Director of Savings immediately.

(2) Where, because of the failure of a nominator to comply with paragraph (1), an amount payable under a nomination is paid, or any transfer is made, to a person other than the nominee or a person claiming through the nominee, that payment or transfer shall, subject to regulation 76, be as valid as if the nomination had not been made.

Commencement Information

I1Reg. 84 in force at 6.4.2015, see reg. 1(1)

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