The National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2000

• Citation: S.I. 2000/1421
• Sections: 5

Section 1

This Order may be cited as the National Savings Bank (Investment Deposits) (Limits) (Amendment) Order 2000 and shall come into force on 27th May 2000.

Section 2

The National Savings Bank (Investment Deposits) (Limits) Order 1977 shall be amended in accordance with the following provisions of this Order.

Section 3

After Article 2C there shall be inserted the following—

(2D) In this Order, the expression “account manager” has the same meaning as in the Individual Savings Account Regulations 1998

Section 4

In Article 3B(a) after “6th April 1999” there shall be inserted “ or 6th April 2000”.

Section 5

After Article 4(1)(e) there shall be inserted the following—

(f) the receipt or crediting of any amount to an individual savings account of a sum transferred by an account manager pursuant to the Individual Savings Account Regulations 1998