The National Savings (No. 2) Regulations 2015

Payments in the case of persons who lack capacityU.K.

This section has no associated Explanatory Memorandum

67.—(1) An application for payment of the amount repayable in relation to a children’s certificate held by a person who lacks capacity must be made by that person’s deputy.

(2) Where it appears to the Director of Savings that no deputy has been appointed, the Director of Savings may, upon it being shown that it is expedient to do so, pay the amount repayable in relation to that certificate (or part of it) to a person who the Director of Savings is satisfied will apply it for the maintenance or otherwise for the benefit of that holder.

Commencement Information

I1Reg. 67 in force at 6.4.2015, see reg. 1(1)