Particulars to be furnished by nominator to Director of Savings
5.—(1) A nominator shall, on making a nomination, furnish to the Directorof Savings such particulars of the certificates held by him at the dateof the nomination as the Director of Savings may require.
(2) Where, by reason of the failure of a nominator to comply with theforegoing requirements of this paragraph, any money payable in respectof all or any of the certificates held by the nominator at the date ofhis death is paid, or any transfer of such certificates is made, to aperson other than the nominee or a person claiming through him, thatpayment or transfer shall, subject to the provisions of theseRegulations for saving the rights of third parties, be as valid as ifthe nomination had not been made.