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(This note is not part of the Regulations)
These Regulations amend the Premium Savings Bonds Regulations 1972. They increase the minimum purchase of bonds, except bonds purchased on behalf of minors under 16, from £10 to £100. The minimum purchase of bonds purchased on behalf of minors under 16 remains at £10. The smallest multiple in which bonds may be purchased is increased from £5 to £10 in both cases. The Director of Savings has discretion to accept purchases of less than £100 or purchases in multiples smaller than £10 in certain circumstances.
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