National Savings Bank Act 1971 (c. 29)

Miscellaneous and general U.K.

27 Interpretation. U.K.

In this Act, unless the context otherwise requires,—

• “the Commissioners” means the National Debt Commissioners;

• [F1 “interest”, in relation to investment deposits, includes any bonus or other payment, whether payable annually or otherwise, which constitutes income derived from the whole or any part of the deposits.]

• “prescribed” means prescribed by regulations made under section 2 of this Act;

• [F2 “the adjudicator” means the adjudicator appointed under section 84 of the Friendly Societies Act 1992]

• . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3

Textual Amendments

F1 Definition inserted by Finance Act 1982 (c. 39, SIF 63:1), s. 151, Sch. 20 para. 8

F2 Definition in s. 27 substituted (1.1.1993) by Friendly Societies Act 1992 (c. 40), s. 120(1), Sch. 21 Pt. I para.3; S.I. 1992/3117, art.2.

F3 Definition of “trustee savings bank” repealed by Trustee Savings Banks Act 1985 (c. 58, SIF 110), ss. 4(3)(4), 7(3), Sch. 4, and S.I. 1986/1220, art. 2(b), Sch. 2