The Trustee Savings Banks Life Annuity Regulations 1930 , as amended , shall be further amended as follows:—
(a) by inserting, at the end of Regulation 2 thereof, the following definitions:—
The expression ‘ savings account ’ means the account of savings account deposits.
The expression ‘ savings account deposit ’ means has the meaning assigned to it by 1964 c. 4. section 1(3) of the Trustee Savings Banks Act 1964.
(b) by deleting Regulations 5, 6, 7, 8 and 9 thereof and in Regulation 11 thereof the words and figures “2s. 6d. for each £100 of purchase money received through their Savings Bank, and also” ;
(c) by substituting, in Regulation 11 thereof, for the words “the Trustees' Account” , and in Regulation 12 thereof, for the words “the account of the Savings Bank” , the words “the general account kept by the Commissioners on account of sums due to the Savings Bank in respect of savings account deposits” ;
(d) by inserting, in Regulation 13 thereof, before the word “account” the word “savings” and after the word “deposited” the words “in a savings account” .