Statutory Instruments
1990 No. 1982
SAVINGS BANKS
The Trustee Savings Banks Act 1985 (Appointed Day)(No. 7) Order 1990
Made
28th September 1990
The Treasury, in exercise of the powers conferred upon them by section 2(4) and 4(2), (3) and (4) of the Trustee Savings Banks Act 1985(1), hereby make the following Order:
1. This Order may be cited as the Trustee Savings Banks Act 1985 (Appointed Day) (No. 7) Order 1990.
2. 31st October 1990 shall be the appointed day for the purposes of both section 2(4) and section 4(2) of the Trustee Savings Banks Act 1985 (which respectively provide for the abolition of the Central Board and the dissolution of the existing banks) and, subject to the savings provisions hereinafter appearing, for the repeal of the provisions of the Trustee Savings Banks Act 1981(2) (referred to below in this Order as “the 1981 Act”) which are set out in the Schedule to this Order.
3. Nothing in the repeal of subsection (3) of section 3 of the 1981 Act shall affect the continued operation of that subsection in any case where proof of certification as a savings bank under the 1981 Act or any earlier enactment relating to trustee savings banks may be necessary.
4. Nothing in the repeal of subsection (2) of section 6 of the 1981 Act shall affect the continued operation of that subsection in any case where proof of the rules of a trustee savings bank may be necessary.
5. Nothing in the repeal of subsection (9) of section 15 of the 1981 Act shall affect the continued operation of that subsection in any case where it may be necessary to prove that a document executed or a thing done by the custodian trustees of a trustee savings bank has been executed or done by them by the direction and on behalf of the trustees of the bank.
6. Nothing in the repeal of subsection (2) of section 16 of the 1981 Act shall affect the continued operation of that subsection in any case where it may be necessary to prove the identity of the custodian trustees of a trustee savings bank on any specified date or that any property was held by a person in trust for a trustee savings bank.
Sydney Chapman
John Major
Two of the Lords Commissioners of Her Majesty’s Treasury.
28th September 1990
Article 2
SCHEDULEREPEAL OF TRUSTEE SAVINGS BANKS ACT 1981
| Chapter | Short title | Extent of repeal |
|---|---|---|
| 1981 c. 65. | The Trustee Savings Banks Act 1981. | Section 3(3). |
| Section 6(2). | ||
| Section 7(1), (2) and (4). | ||
| Section 15(9) and (10). | ||
| Section 16(2). | ||
| Section 19(5). | ||
| Section 54. | ||
| Section 55(2) and (4). | ||
| Section 56. | ||
| Section 57. | ||
| Schedule 2, so far as unrepealed. | ||
| Schedule 7, paragraphs 1 to 4. |
Explanatory Note
(This note is not part of the Order)
This Order appoints 31st October 1990 as the date for the purpose of sections 2(4) and 4(2) of the Trustee Savings Banks Act 1985 (abolition of the Central Board and dissolution of the trustee savings banks certified under the Trustee Savings Banks Act, 1969 or 1981) and for the repeal of those provisions of the Trustee Savings Banks Act 1981 which are set out in the Schedule to the Order.
This completes the repeal of the 1981 Act subject only to the transitional and savings provisions contained in this Order and in the Trustee Savings Banks Act 1985 (Appointed Day)(No. 4) Order 1986 (S.I. 1986/1223).
This Order is entitled the Trustee Savings Banks Act 1985 (Appointed Day) (No. 7) Order 1990 although it is only the sixth Appointed Day Order made under the 1985 Act. The fifth Appointed Day Order made under the 1985 Act was incorrectly entitled the Trustee Savings Banks Act 1985 (Appointed Day) (No. 6) Order 1988 (S.I. 1988/1168).
1985 c. 58, to which there are amendments not relevant to this Order.