The National Savings (No. 2) Regulations 2015

includes— (a) in relation to a money value certificate, any part of the purchase price of that certificate which is repayable separately from the remainder under the relevant prospectus, and any interest or bonus or other amount which has accrued in relation to that certificate or that part of the purchase price which is to be repaid;

means approved by the Director of Savings;

means—

means a premium savings bond issued by the Treasury through the department of the Postmaster General or under the auspices of the Director of Savings, for the purpose of raising money under section 1 of the National Loans Act 1939 or section 12 of the National Loans Act 1968;

means— (a) in relation to stock— (a) the nominal value of that stock, plus (b) any interest or other amount that has accrued in relation to that stock which has been added to its value in accordance with the terms and conditions applying to it;

means, in relation to a withdrawal to be made by payment in cash, an advice in writing in the approved form setting out the amount to be withdrawn, the savings bank office at which the payment is to be made, the name of the payee and any evidence required by the Director of Savings under regulation 78 (evidence of identity);

means a certificate issued under the name of a war savings certificate or a national savings certificate by the Treasury through the department of the Postmaster General or under the auspices of the Director of Savings for the purpose of raising money authorised to be raised by any Act;

means a penny savings bank, or a charitable or provident institution or society, and includes a charitable donation or bequest for the maintenance, education, or benefit of the poor;

means a deposit in the National Savings Bank, including part of a deposit as the context requires;

means a person in whose name deposits have been made in the National Savings Bank;

means a payment of interest that has accrued in relation to stock;

means transferring money by electronic or automated processes, which do not involve the delivery or collection of a payable instrument or the delivery of cash, to a bank or building society account to which payment is capable of being made by those processes;

means a person who—

means stock issued with a term, other than— (a) stock issued under the name of a Capital Bond;

means stock issued under the name of a Fixed Rate Savings Bond;

means a friendly society (or a branch of that society) registered under the Friendly Societies Act 1974 and a reference to an incorporated friendly society means a society incorporated under the Friendly Societies Act 1992;

means a certificate issued under the name of an index-linked national savings certificate;

means a certificate of a money value series;

means a series of certificates issued under a prospectus which permits certificates to be issued for amounts which are neither a unit nor a multiple of a unit, and “money value certificate” means a certificate of a money value series;

means a bond representing a number of bond units and entitling the holder to receive the aggregate amount of the amounts repayable in relation to that number of bond units;

means a certificate representing more than one unit certificate;

means a Treasury security issued under the name of an Income Bond pursuant to an application to purchase received by the Director of Savings after 1st October 1984. • “new stock” means— (a) fixed interest stock issued after 19th September 2012;

means— (a) a certificate purchased after 22nd July 2023;

means— (a) fixed interest stock issued after 19th September 2012;

means a nomination— directing that, on death, the nominator’s interest devolve on one or more persons (the “nominee” or “nominees”) according to the manner specified in the nomination.

means a person who lacks capacity within the meaning given by (or in) the Mental Capacity Act 2005;

means an application for payment of the whole or any part of the amount repayable in respect of a rolled-over certificate or a certificate purchased after 19th September 2012, except— (a) an application made in the event of the death of the sole holder of the certificate;

means an election, made in accordance with the terms and conditions of a Fixed Rate Savings Bond, either— (a) to receive dividends;

means information about investment opportunities, services or facilities available from or through the Director of Savings, including information about—

means a certificate purchased before 20th September 2012 for which— (a) a term was current on 19th September 2012;

means the National Savings Bank or a trustee savings bank;

means the receipt and repayment of deposits in the National Savings Bank and business incidental to such receipt and repayment;

means a place at which savings bank business is transacted;

means stock or securities registered in the register;

means— (a) in relation to stock, a specified period for which a rate of interest has been fixed for that stock;

means the National Savings Bank Act 1971;

means the National Debt Commissioners;

means a security issued by the Treasury under the auspices of the Director of Savings for the purpose of raising money under the National Loans Act 1968;

means the Solicitor for the affairs of Her Majesty’s Treasury;

means— (a) in relation to bonds of a series, the unit in which bonds of that series are denominated;

means— (a) a certificate of a unit series issued on payment of the minimum amount for which a certificate of that description could be purchased;

means a series of certificates which is not a money value series;

means stock issued without a term.

includes a codicil.