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The National Savings (No. 2) Regulations 2015
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- UK Statutory Instruments
- 2015 No. 624
- PART 5
- CHAPTER 2
- Regulation 65
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Changes and effects yet to be applied to Regulation 65:
- reg. 38(2A)(2B) inserted by S.I. 2023/605 reg. 2(2)(a)
- reg. 38(4) inserted by S.I. 2023/605 reg. 2(2)(b)
- reg. 46(6A)-(6C) inserted by S.I. 2023/605 reg. 2(3)(b)
Changes and effects yet to be applied to the whole Instrument associated Parts and Chapters:
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- reg. 38(2A)(2B) inserted by S.I. 2023/605 reg. 2(2)(a)
- reg. 38(4) inserted by S.I. 2023/605 reg. 2(2)(b)
- reg. 46(6A)-(6C) inserted by S.I. 2023/605 reg. 2(3)(b)
Record of partial repaymentsU.K.
This section has no associated Explanatory Memorandum
65.—(1) This regulation applies in relation to—
(a)a Children’s Bond; and
(b)a Children’s Bonus Bond from and including the anniversary of its date of purchase that falls after 19th September 2012 and before 20th September 2013.
(2) Where part of a children’s certificate to which this regulation applies has been repaid, the Director of Savings must promptly make available to the holder a record of—
(a)the amount repaid;
(b)the capital value of the part of the certificate that has not been repaid;
(c)the annual rate of interest applying to that certificate; and
(d)the date on which the current term of that certificate will end.
(3) Nothing in the terms and conditions applying to a children’s certificate to which this regulation applies shall require the Director of Savings to issue that certificate in documentary form.
Commencement Information
I1Reg. 65 in force at 6.4.2015, see reg. 1(1)
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