Page image

D.—No. G.

TirE following Eegulations are made under authority of an Act of the General Assembly, intituled "The Post Office Savings Bank Act, 1865." 1. Every Post Office, being a Money Order Office, at which the Postmaster-General shall permit deposits to be received, will be open for that purpose, and for the repayment of moneys withdrawn, during the hours appointed for the transaction of Money Order business at the said Post Office. Any Post Office not being a Money Order Office, at which the Postmaster-G-eneral shall permit deposits to be received or repaid, shall be open for that purpose during such hours and on such days as the Postmaster-G-eneral shall determine. 2. Deposits of one shilling, or of any number of shillings, or of pounds and shillings, will be received frqm any depositor at the Post Office Savings Bank. 3. Every depositor on making a first deposit shall bo required to specify his Christian name and surname, occupation, and residence to the officer of the Postmaster-G-eneral appointed to receive the deposit, and make and sign the following declaration, to be witnessed by the officer of the PostmasterGeneral appointed to receive deposits or by some persons known to him, or by a Justice of the Peace:— Copy of Declakatto>~ to be Sigxed uy Depositor ox jiakixo fibst Deposit. Depositor's Book. Place No T, of do hereby declare to the Postmaster-Greneral that I am desirous on my own behalf, to become a depositor in the Post Office Savings Bank. Ido further hereby declare, that lam not directly or indirectly entitled to any sum or sums standing in the name or names of any other person or persons in the books of the said Post Office Savings Bank, save and except such benefit as I may be entitled to from such sum or sums as may be standing in my name as trustee jointly with the name or names and on behalf of any other depositor or depositors, or as a member of the Friendly Society jailed the ; and I do hereby also test ify my consent that my deposits in the said Post Office Savings Bank shall be managed according to the regulations thereof. Witness my hand, this day of ,186 . Signed by the said depositor in the presence of me, ) If such declaration, or any part thereof, shall not be true, the depositor making the same shall forfeit and lose all right and title to his deposits. A copy of the above declaration shall be printed within the cover of every depositor's book. 4. On making the declaration, and in all cases in which the signature of the depositor is required, if the depositor cannot write, his mark must be affixed in the presence of a witness, and attested by the signature of that witness. 5. Every deposit received by any officer of the Postmaster-General, appointed for that purpose, shall be entered by him at the time in a numbered book, and the entry shall be attested by him, and by the dated stamp of his office, and the said book, with the entry so attested, shall be given to the depositor and retained by him as primary evidence of the receipt of the deposit. The depositor shall sign his name in a place to bo provided for his signature in the depositor's book. As soon as possible after the commencement of each month, the amount placed to the credit of each depositor in the books of the Postmaster-General during the preceding month shall be acknowledged in the following form by the officer whom the Postmaster-General shall appoint for the purpose, and the acknowledgment shall be forthwith transmitted by post to the depositor. Depositor's Book. Place No Savings Bank Department, Wellington 186 . Tite Postmaster of having reported to the Posf master-General the receipt by him of your deposit amounting to £ : : , during the month of 18 , that amount has been placed to the credit of your account in the books of this department. To G. Interest, calculated yearly, at the rate of 5 per cent per annum on sums less than two hundred pounds, and at the rate of 4 per cent, on sums over two hundred pounds, and in the same proportions for any shorter time will be allowed ou every complete pound deposited, provided that no interest be allowed on more than five hundred pounds. Interest shall be computed from the first day of the calendar month next following the day on which a complete pound shall have been deposited, or on which deposits of a less amount shall have made up a complete pound, up to the first day of the calendar month in which moneys are withdrawn. The interest will be calculated to the 31st December in every year, and will then be added to, and become part of the principal money. 7. Deposits may be made by a trustee on behalf of another person, in the joint names of such trustee and the person on whose account such money shall be so deposited; but repayment of the same, or any part thereof, shall not be made without the receipt or receipts of both the said parties, or the survivor or survivors, or the executors or administrators of such survivor, whose receipt or receipts either personally or by agent appointed by power of attorney, which power of attorney may

REGULATIONS UNDER "THE POST OFFICE SAVINGS BANK ACT, 1865."

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert