F1F2Notices required by regulation 5D5DFB

1

Where an account manager (B) has—

a

been notified by S that S wishes to make a subscription under regulation 5DDA; or

b

received an application from S to make such a subscription;

that account manager shall, within the period of 30 days beginning with the day on which the notification or application is received, give to the deceased’s account manager (A) a notice containing the information specified in paragraph (2).

2

The information specified in this paragraph is—

i

the name and address of the deceased;

ii

the deceased’s date of birth and date of death;

iii

the deceased’s National Insurance number, if known;

iv

S’s name and address;

v

a statement that B has either received an application from S to make a subscription under regulation 5DDA or been notified that S wishes to make such a subscription; and

vi

a statement that B has, subject to relevant checks, accepted that application or, where B has been notified that S wishes to make such a subscription, that B will accept such an application subject to relevant checks.

3

Where A receives from B a notice under paragraph (1), A shall, within the period of 30 days beginning with the day on which that notification is received, give B a notice containing—

i

the deceased’s full name;

ii

the full address of the deceased’s permanent residence at the date of death;

iii

the deceased’s date of birth and date of death;

iv

the deceased’s National Insurance number, if known;

v

the amount determined in accordance with paragraph (3) of regulation 5DDA;

vi

a declaration that, in the permitted period, S has not made to an account held by A, any subscription permitted by regulation 5DDA in respect of the amount determined in accordance with paragraph (3) of that regulation;

vii

an undertaking that, other than in the case of an authorisation given under paragraph (6) of regulation 5DDA, A will not accept a subscription made by S in respect of the amount determined in accordance with paragraph (3) of that regulation; and

viii

an undertaking that, other than in the case of an authorisation given under paragraph (6) of regulation 5DDA, A will not provide the information and declarations in this paragraph to another account manager in respect of the amount determined in accordance with paragraph (3) of that regulation.

4

In this regulation relevant checks means checks by B in relation to the information and declarations provided by S pursuant to regulations 5DF and 5DFA.