The National Savings (Remediation Scheme) Regulations 2026
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
2 Interpretation
In these Regulations— “the 2015 Regulations” means the National Savings Regulations 2015; “account” means any account in the National Savings Bank; “additional payment” means a payment made under regulation 5(3)(b); “bond” has the meaning given in regulation 2 of the 2015 Regulations; “certificate” has the meaning given in regulation 2 of the 2015 Regulations; “contractual interest” means any interest or other amount that has accrued in relation to a relevant holding which has been added to its value in accordance with the terms and conditions applying to that relevant holding; “date of determination” means the date that the Director of Savings determines to be the appropriate date to which a payment under regulation 5(3)(a) is to be calculated; “deposit” has the meaning given in regulation 2 of the 2015 Regulations; “depositor” means a person in whose name deposits have been made in the National Savings Bank; “direct ISA” has the meaning given in regulation 4 (3) of the 2015 Regulations; “eligible claim” has the meaning given in regulation 4; “payment” means a payment determined in accordance with regulation 5; “personal representative” means— the legal personal representative of a deceased person, or the person to whom the Director of Savings may make a payment without a grant of representation under regulation 54 of the 2015 Regulations; “relevant holding” means— any account, bond, certificate, deposit, direct ISA, Treasury security, or stock registered by the Director of Savings in the name of a person who is now deceased, or any interest registered in the name of a person who is now deceased in any account in the name of the Director of Savings; “relevant person” means the person to whom a payment is to be paid in accordance with regulation 6; “the Scheme” means a National Savings remediation scheme established by regulation 3(1); “stock” has the meaning given in regulation 2 of the 2015 Regulations; “Treasury security” has the meaning given in regulation 2 of the 2015 Regulations.
2 Interpretation
In these Regulations— “the 2015 Regulations” means the National Savings Regulations 2015; “account” means any account in the National Savings Bank; “additional payment” means a payment made under regulation 5(3)(b); “bond” has the meaning given in regulation 2 of the 2015 Regulations; “certificate” has the meaning given in regulation 2 of the 2015 Regulations; “contractual interest” means any interest or other amount that has accrued in relation to a relevant holding which has been added to its value in accordance with the terms and conditions applying to that relevant holding; “date of determination” means the date that the Director of Savings determines to be the appropriate date to which a payment under regulation 5(3)(a) is to be calculated; “deposit” has the meaning given in regulation 2 of the 2015 Regulations; “depositor” means a person in whose name deposits have been made in the National Savings Bank; “direct ISA” has the meaning given in regulation 4 (3) of the 2015 Regulations; “eligible claim” has the meaning given in regulation 4; “payment” means a payment determined in accordance with regulation 5; “personal representative” means— the legal personal representative of a deceased person, or the person to whom the Director of Savings may make a payment without a grant of representation under regulation 54 of the 2015 Regulations; “relevant holding” means— any account, bond, certificate, deposit, direct ISA, Treasury security, or stock registered by the Director of Savings in the name of a person who is now deceased, or any interest registered in the name of a person who is now deceased in any account in the name of the Director of Savings; “relevant person” means the person to whom a payment is to be paid in accordance with regulation 6; “the Scheme” means a National Savings remediation scheme established by regulation 3(1); “stock” has the meaning given in regulation 2 of the 2015 Regulations; “Treasury security” has the meaning given in regulation 2 of the 2015 Regulations.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.