Trustee Savings Banks Act 1981

Trustee Savings Banks Act 1981[a]
Act of Parliament
coat of arms
Long titleAn Act to consolidate the Trustee Savings Banks Acts 1969 to 1978, with amendments to give effect to recommendations of the Law Commission and the Scottish Law Commission.
Citation1981 c. 65
Territorial extent [b]
Dates
Royal assent30 October 1981
Commencement30 January 1982[c]
Other legislation
AmendsSee § Repealed enactments
Repeals/revokesSee § Repealed enactments
Amended by
Status: Partially repealed
Text of statute as originally enacted
Revised text of statute as amended
Text of the Trustee Savings Banks Act 1981 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Trustee Savings Banks Act 1981 (c. 65) is an act of the Parliament of the United Kingdom that consolidated enactments related to trustee savings banks in the United Kingdom, the Isle of Man, and the Channel Islands.[1]

Provisions

Repealed enactments

Section 55(3) of the act repealed 4 enactments, listed in schedule 8 to the act.[2]

Enactments repealed by section 55(3)
Citation Short title Extent of repeal
1969 c. 50 Trustee Savings Banks Act 1969 The whole act.
1972 c. 41 Finance Act 1972 Section 133.
1976 c. 4 Trustee Savings Banks Act 1976 The whole act.
1978 c. 16 Trustee Savings Banks Act 1978 The whole act.

Subsequent developments

The majority of the act was repealed by section 4(3) of, and schedule 4 to, the Trustee Savings Banks Act 1985, which provided for the reorganisation of trustee savings banks into companies incorporated under the Companies Acts. The Trustee Savings Banks Act 1985 (Appointed Day) (No. 2) Order 1986 (SI 1986/1220) repealed paragraph 10 of schedule 7 to the act, with effect from 20 July 1986. The Trustee Savings Banks Act 1985 (Appointed Day) (No. 4) Order 1986 (SI 1986/1223) repealed sections 1, 2, 3(1) and (2), 4, 5, 6(1), 7(3), (5) and (6), 8 to 11, 14, 15(1) to (8) and (11), 16(1), (3) and (4), 17, 18, 19(1) to (4), 20 to 22, 26 to 50, 52 and 55(1) and (3), and schedules 1, 4, 6 and 8, with effect from 21 July 1986, the date appointed as the vesting day for the reorganisation.[3]

Notes

  1. ↑ Section 57(1).
  2. ↑ Section 57(3) extends the act to Northern Ireland. Section 56 extends the act to the Isle of Man and the Channel Islands.
  3. ↑ Section 57(2).

References

  1. ↑ "Trustee Savings Banks Bill: Report on the Consolidation of the Trustee Savings Banks Acts 1969 to 1978". Scottish Law Commission. 1981. Retrieved 15 June 2026.
  2. ↑ "Trustee Savings Banks Act 1981", legislation.gov.uk, The National Archives, 1981 c. 65
  3. ↑ "Trustee Savings Banks Act 1985", legislation.gov.uk, The National Archives, 1985 c. 58