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Legislation
Finance Act 2003

Crossheading National Savings

  • Section 208 Ordinary accounts and investment accounts
  • Section 209 Abolition of accounting requirements relating to investment deposits
  1. National Savings
  2. Abolition of accounting requirements relating to investment deposits

Section 209 | Abolition of accounting requirements relating to investment deposits

From legislation.gov.uk

In section 120 of the Finance Act 1980 (c. 48) (investment deposits with National Savings Bank: accounting provisions etc), omit subsections (4) and (5) (which require the Director of Savings to keep an account of investment deposits etc and transmit annual statements to the Comptroller and Auditor General for examination etc).

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