1. HomeBaile
  2. Statutory InstrumentsIonstraimí Reachtúla
  3. 1972
  4. S.I. No. 284/1972 - Prize Bonds Regulations, 1957 (Amendment) Regulations, 1972.

S.I. No. 284/1972 - Prize Bonds Regulations, 1957 (Amendment) Regulations, 1972.

S.I. No. 284 of 1972.

PRIZE BONDS REGULATIONS, 1957 (AMENDMENT) REGULATIONS, 1972.

I, SEOIRSE Ó COLLA, Minister for Finance, in exercise of the powers conferred on me by section 23 of the Finance (Miscellaneous Provisions) Act, 1956 (No. 47 of 1956), hereby make the following regulations:

1. (1) These Regulations may be cited as the Prize Bonds Regulations, 1957 (Amendment) Regulations, 1972.

(2) These Regulations shall come into operation on the 1st day of December, 1972.

(3) The Prize Bonds Regulations, 1957 and 1964, and these Regulations may be cited together as the Prize Bonds Regulations, 1957 to 1972.

2. Regulation 10 (1) of the Prize Bonds Regulations, 1957 ( S.I. No. 40 of 1957 ), is hereby amended by the substitution for "one hundred pounds" of "five hundred pounds".

GIVEN under my Official Seal, this 27th day of November, 1972.

SEOIRSE Ó COLLA,

Minister for Finance.

EXPLANATORY NOTE.

These Regulations increase from £100 to £500 the amount which may be paid without grant of administration in the case of deceased Prize Bonds holdings.