The National Savings Bank (Amendment of Obligation of Secrecy Provisions) Regulations 2010

• Citation: S.I. 2010/291
• Sections: 7

Section 1 Citation and commencement

These Regulations may be cited as the National Savings Bank (Amendment of Obligation of Secrecy Provisions) Regulations 2010 and come into force on 4th March 2010.

Section 2 Amendments of obligation of secrecy provisions

(1) The Savings Contracts Regulations 1969 are amended as follows.

(2) In regulation 26(2), for the words from “section 20(4)(b) of the Taxes Management Act 1970” to the end, substitute “Schedule 36 to the Finance Act 2008 (powers of officers of Revenue and Customs to obtain information and documents and inspect business premises).”.

Section 3 Amendments of obligation of secrecy provisions

(1) The Premium Savings Bonds Regulations 1972 are amended as follows.

(2) In regulation 30(2), for the words from “section 20(3) of the Taxes Management Act 1970” to the end substitute “Schedule 36 to the Finance Act 2008 (powers of officers of Revenue and Customs to obtain information and documents and inspect business premises).”.

Section 4 Amendments of obligation of secrecy provisions

(1) The National Savings Stock Register Regulations 1976 are amended as follows.

(2) In regulation 57(3), for the words from “section 20(3) of that Act” to the end substitute “Schedule 36 to the Finance Act 2008 (powers of officers of Revenue and Customs to obtain information and documents and inspect business premises).”.

Section 5 Amendments of obligation of secrecy provisions

(1) The Savings Certificates (Yearly Plan) Regulations 1984 are amended as follows.

(2) In regulation 31(2), for the words from “section 20(4)(b) of the Taxes Management Act 1970” to the end, substitute “Schedule 36 to the Finance Act 2008 (powers of officers of Revenue and Customs to obtain information and documents and inspect business premises).”.

Section 6 Amendments of obligation of secrecy provisions

(1) The Savings Certificates Regulations 1991 are amended as follows.

(2) In regulation 31(2), for the words from “section 20(3) of the Taxes Management Act 1970” to the end, substitute “Schedule 36 to the Finance Act 2008 (powers of officers of Revenue and Customs to obtain information and documents and inspect business premises).”.

Section 7 Amendments of obligation of secrecy provisions

(1) The Savings Certificates (Children’s Bonus Bonds) Regulations 1991 are amended as follows.

(2) In regulation 28(2)(c), for the words from “section 20(3) of the Taxes Management Act 1970” to the end, substitute “Schedule 36 to the Finance Act 2008 (powers of officers of Revenue and Customs to obtain information and documents and inspect business premises).”.