#2026/624UK National Savings Remediation Scheme Regulations 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The regulations create a National Savings remediation scheme to make payments for eligible claims linked to holdings registered in the name of people who have died. The scheme covers National Savings Bank accounts, bonds, certificates, deposits, Direct ISAs, Treasury securities, and stock. The practical effect is that personal representatives and other entitled people may receive payments where a deceased person’s National Savings holding qualifies under the scheme. The rules define the core terms, the start date, the territorial reach, and how key payment concepts such as contractual interest and additional payments are treated.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Establishes a National Savings remediation scheme for eligible claims
- Applies to certain National Savings holdings registered in the name of deceased people
- Defines who may receive payments and how payment-related terms are treated