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Statutory Instruments

2012 No. 795

Savings Banks

The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2012

Made

12th March 2012

Laid before Parliament

13th March 2012

Coming into force

6th April 2012

The Treasury make the following Order in exercise of the powers conferred by section 4(1) and (2)(a) and (f) of the National Savings Bank Act 1971( 1 ):

Citation and commencement

1. This Order may be cited as the National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2012 and comes into force on 6th April 2012.

Amendment of the National Savings Bank (Investment Deposits) (Limits) Order 1977

2. In article 3B of the National Savings Bank (Investment Deposits) (Limits) Order 1977( 2 ), for “£5,340” substitute “£5,640”.

Angela Watkinson

Michael Fabricant

Two of the Lords Commissioners of Her Majesty’s Treasury

12th March 2012

( 1 )

1971 c. 29 ; section 4(2)(a) was amended by the Finance Act 1982 (c. 39) , Schedule 20, paragraph 3(2).

( 2 )

S.I. 1977/1210 ; relevant amending instruments are S.I. 1999/1056 , S.I. 2008/734 and S.I. 2011/783 .

1. Citation and commencement

2. Amendment of the National Savings Bank (Investment Deposits) (Limits) Order 1977

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2012 (2012/795)

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