[F1 PART   3A E+W+SDeduction Orders

Notification by the deposit-taker to the [F2Secretary of State]E+W+S

25E.—(1)  A deposit-taker at which a regular deduction order is directed must notify the [F3Secretary of State]F4..., within 7 days—

(a)of a copy of the order or the order as varied being served; or

(b)of notification being received by the deposit-taker that an order has been revived,

of the matters set out in paragraph (2).

(2) The matters are—

(a)if the account specified in the order does not exist; and

(b)where the name of the liable person specified in the order is different to the name in which the account specified in the order is held—

(i)whether the account was previously held in the name of the liable person specified in the order, and

(ii)if so, the new name in which the account is held,

only where the liable person named in the order is the same person as the person in whose name the account specified in the order is held.

(3)  A deposit-taker at which a regular deduction order is directed must notify the [F5Secretary of State] within 7 days of notification being received that an order has lapsed or has been discharged—

(a)if the account specified in the order does not exist; and

(b)where the name of the liable person specified in the order is different to the name in which the account specified in the order is held—

(i)whether the account was previously held in the name of the liable person specified in the order, and

(ii)if so, the new name in which the account is held,

only where the liable person named in the order is the same person as the person in whose name the account specified in the order is held.

(4)  The deposit-taker at which a regular deduction order is directed must notify the [F5Secretary of State] within 7 days starting on the date on which a deduction is due to be made—

(a)if the account specified in the order has been closed;

(b)if the amount standing to the credit of the account specified in the order is less than the minimum amount; and

(c)where the name of the liable person specified in the order is different to the name in which the account specified in the order is held—

(i)whether the account was previously held in the name of the liable person specified in the order, and

(ii)if so, the new name in which the account is held,

only where the liable person named in the order is the same person as the person in whose name the account specified in the order is held.

(5)  The deposit-taker at which a regular deduction order is directed must notify the [F6Secretary of State] within 7 days of receipt of a request made by the [F6Secretary of State] of the details of any other account held by the liable person with that deposit-taker and the details of that account, including—

(a)the number and sort code of that account; and

(b)the type of account.

[F7(5A) The deposit-taker at which a regular deduction order is directed must within 7 days of changing the name of an account-holder, beginning with the day on which the deposit-taker changes that name, notify the Secretary of State of the old name of the account-holder and the new name of that account-holder, if the order—

(a)is made in respect of a joint account; and

(b)remains in force at any time within that 7 day period.]

(6) The requirements of this regulation apply only in so far as the deposit-taker has the information or can reasonably be expected to acquire it.]