8.—12

2

3. The Bank shall at each of its branches accept deposits of any amount for credit of the Public Account, the Receiver-General's Deposit Account, the Post Office Account, the Government Insurance Account, the Public Trustee's Account, and such other accounts as may be required; and shall, for every sum deposited, give a receipt in regulation form, and in the office pass-book of the officer depositing the same. But special sums accruing from the sale of securities or otherwise, and not forming part of the consolidated revenue of the colony, shall be lodged only at the Wellington or London office of the Bank, unless the Bank shall consent to receive them at some other office. 4. All deposits for credit of the Public Account or the Government Insurance Account, made at any of the branch offices of the Bank in the colony, shall in each case be transferred to the credit of the Public Account, or the Government Insurance Account, at Wellington on every Saturday after the close of business, unless for special and exceptional reasons such transfers should require to be made on some other day, in which case such transfers shall be made as the Treasury shall direct. 5. All deposits for credit of the Eeceivcr-General's Deposit Account, the Post Office Account, or the Public Trustee's Account, made at any of the branch offices of the Bank in the colony, shall be transferred daily to the credit of the respective accounts at Wellington. 6. All moneys transferred as required by clauses 4 and 5 shall forthwith on receipt of advices be credited to the Public Account, the Receiver-General's Deposit Account, the Post Office Account, the Government Insurance Account, or the Public Trustee's Account, as the case may be, and the credit balance of these accounts as a whole shall thereupon bear interest at the rate herein agreed upon. 7. The Bank shall, at its London branch, receive deposits of any amount for credit of the New Zealand Public Account, the Foreign Imprest Account, or such other accounts as may be required and shall give receipts for all such deposits in such form as may be prescribed by the Treasury. 8. All moneys at credit of the New Zealand Public Account, the Foreign Imprest Account, or the account of any person acting as an agent for the Government in London, shall bear interest at the rate herein agreed upon. 9. The Bank shall, on demand made by the Treasury, transfer to the Public Account, the New Zealand Public Account, or the Post Office Account, any moneys standing to credit of the official account of any public officer, cither in the colony or in London, except moneys at credit of the Government Insurance Account, the account of the Commissioners of the Public Debts Sinking Funds, or the Public Trustee's Account. 10. The Bank shall furnish, to the Receiver-General, to the Postmaster-General, to the Government Insurance Commissioner, or to such other persons, respectively, as it may in that behalf be directed in accordance with the Treasury regulations, such periodical statements of the deposits made at its several branches in the colony and in London as the Treasury, the Postmaster-General, or the Controller and Auditor-General, or Audit Officer in London may respectively require. As to Remittances. 11. The Bank shall make all remittances of public money within the colony at a charge of one shilling for every hundred pounds. Such remittances shall be held to include all remittances by draft or otherwise (except between Chief Postmasters and Sub-Postmasters), and all sums transferred to or from Wellington by or to other branches of the Bank on account of the Public Account, the Public Account Disbursement Account, the Receiver-General's Deposit Account, the Post Office Account, the Government Insurance Account, the Public Trustee's Account, Imprestees' Accounts, or the account of the Commissioners of the Public Debts Sinking Funds. A.S TO DISBURSEMENTS, ETC. 12. The Bank shall transfer from the Public Account at Wellington such moneys as may be required, and shall place the same to the credit of the Public Account Disbursement Account at such of its branches as may bo directed by the Treasury, to meet the cheques of the PaymasterGeneral drawn on such branches, and shall pay such cheques in accordance with the form of advice transmitted in each case, and with the Treasury regulations in that behalf. 13. The Bank shall transfer from the Government Insurance Account or the Public Trustee's Account such moneys as may be required, and shall place the same to the credit of the Government Insurance Disbursement Account or the Public Trustee's Disbursement Account, as the case may be, at Wellington, to meet the cheques drawn by the Government Insurance Commissioner or the Public Trustee, and shall pay such cheques at its branches, in accordance with the form of advice transmitted in each case, and with the Treasury regulations in that behalf. 14. The Bank shall transfer from the Post Office Account, to credit of the deposit accounts of Chief Postmasters at its branches, such inonevs as from time to 1 ime may be required by the PostmasterGeneral to be so transferred by cheque drawn by him on the Post Office Account at Wellington. 15. The Bank at any of its branches shall, subject only to the charge mentioned in clause 11, honor sight-drafts of the Postmasters, drawn in accordance with the Treasury regulations, on the Postmaster-General at Wellington. IG. The Bank, on being provided with requisite funds, shall, at any of its branches, make payments to and take receipts from the ordinary creditors of the Government within the colony, without charge other than for remittance. 17. The Bank, on being provided with the requisite funds, shall, at any of its branches, pay coupons for interest or the principal of debentures payable by the Government within the colony, without charge other than for remittance. IS. The Bank, on being provided with the requisite funds at its London office, shall, at that office, make payments to and take receipts from the ordinary creditors of the colony in London without charge.