Statutory Instruments
2014 No. 3214
National Debt
The National Savings Stock Register (Amendment) Regulations 2014
Made
4th December 2014
Laid before Parliament
5th December 2014
Coming into force
26th December 2014
The Treasury make the following Regulations in exercise of the powers conferred by section 3 of the National Debt Act 1972( 1 ):
Citation and Commencement
1. These Regulations may be cited as the National Savings Stock Register (Amendment) Regulations 2014 and come into force on 26th December 2014.
Amendment of the National Savings Stock Register Regulations 1976
2. โ(1)Regulation 28 (application by holders of stock to be described in register as trustees) of the National Savings Stock Register Regulations 1976( 2 ) is amended as follows.
(2) At the beginning of paragraph (1) insert โSubject to paragraph (1A),โ
(3) After paragraph (1) insert-
โ (1A) But the Director need not make any such entry where the stock in question is not stock of a kind that may be held on trust. โ
David Evennett
Alun Cairns
Two of the Lords Commissioners of Her Majestyโs Treasury
4th December 2014
1972 c. 65 ; section 3 was amended by the Trustee Savings Bank Act 1976 (c. 4) , Schedule 5, paragraph 19(1)(a)(i), the Finance Act 1989 (c. 26) , section 183(2) and S.I. 1998/1446 .
S.I. 1976/2012 ; relevant amending instruments are S.I. 1989/2046 , 2001/3649 , 2007/1898 , 2012/1877 and 2013/416 .