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The Government Annuities Payment (Amendment) Regulations 2010
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- UK Statutory Instruments
- 2010 No. 773
- Explanatory Note
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EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Government Annuities Payment Regulations 1958 (S.I. 1958/1181) to allow the National Debt Commissioners to make payment by means other than a warrant addressed to the cashiers of the Bank of England. These Regulations also provide that the National Debt Commissioners will obtain a good discharge when they make payment by electronic transfer to an account specified by the annuitant, his mandatory or attorney.
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