Effect on nomination of transfer of stock to other part of the National Savings Stock Register
35. In the event of the transfer of any stock from the register to such part of the National Savings Stock Register as is kept by a trustee savings bank, any nomination recorded by the Director of Savings shall cease to apply to the stock so transferred; and in the event of the transfer of any stock or securities from such part of the National Savings Stock Register as is kept by a trustee savings bank to the register, any nomination recorded by the trustee savings bank shall cease to apply to the stock or securities so transferred.