The National Savings Bank (Investment Deposits) (Investment) Order 1978

• Citation: S.I. 1978/1839
• Sections: 4

Section 1

This Order may be cited as the National Savings Bank (Investment Deposits) (Investment) Order 1978, and shall come into operation on 14th December 1978.

Section 2

The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament, and as if this Order and the Order hereby revoked were Acts of Parliament.

Section 3

Any sums paid over to the National Debt Commissioners under section 22(1) of the National Savings Bank Act 1971 may be invested in any manner specified in paragraphs 1, 2, 3, 8, 9 and 9A of Part II of Schedule 1 to the Trustee Investments Act 1961.

Section 4

The Post Office Savings Bank (Investment Deposits) (Investment) Order 1966 is hereby revoked.