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
1971 c. 29 ; section 4(2)(a) was amended by the Finance Act 1982 (c. 39) , Schedule 20, paragraph 3(2).
S.I. 1977/1210 ; relevant amending instruments are S.I. 1999/1056 , S.I. 2008/734 and S.I. 2011/783 .