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6.—(1) An application for payment of the amount repayable, or any other amount payable, in relation to a bond must be made by the holder of the bond in the approved form (subject to the provisions of these Regulations relating to payment in the case of special classes of persons).
(2) In the case of a multiple bond, an application for payment may be made in relation to any number of the bond units represented by the multiple bond.
(3) A holder of a bond, having attained the age of sixteen years, may, subject to the approval of the Director of Savings, authorise a person to apply for or receive on the holder’s behalf the amount repayable, or any other amount payable, in relation to the bond.
Commencement Information
I1Reg. 6 in force at 6.4.2015, see reg. 1(1)