
1 
These Regulations may be cited as the National Savings Stock Register (Amendment) Regulations 1996 and shall come into force on 1st March 1996.
2 
The National Savings Stock Register Regulations 1976 shall be amended by substituting for Schedule 1 thereto, the text contained in the Schedule to these Regulations.
Simon Burns
Liam Fox
Two of the Lords Commissioners of Her Majesty’s Treasury
29th January 1996
SCHEDULE
Regulation 2

SCHEDULE 1
Regulation 12

Amount of Consideration Rate of Commission
Where the consideration for the transaction—
(a) does not exceed £5,000 £12.50 or 0.7% of the consideration,, whichever is greater

(b) exceeds £5,000 £35 and 0.375% of the amount by which the consideration exceeds £5,000

Amount of Proceeds Rate of Commission
Where the proceeds of the transaction—
(a) do not exceed £5,000 0.7% of the proceeds

(b) exceed £5,000 £35 and 0.375% of the amount by which the proceeds exceed £5,000