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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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Record of partial repayments
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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.
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