CO129-391 - Acting Governor Claud Severn Governor Sir May - 1912 [7-8] — Page 301

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Rules for the establishment of a Guarantee Fund with regard to Securities to be furnished by Government Officers, made by the Governor this

day of

1912.

ment of

1. A Fund, called the Government Officers' Guarantee Fund, which consists Establish of the contributions herein directed to be made and the interest accruing thereon, Fund. is established for the purpose of giving security for the due and faithful discharge of their duties by officers required to give security.

Administration of Fund.

2. The Fund is administered by the Treasurer.

Administra-

tion of Fant

tions.

3. The Treasurer shall collect all sums accruing due to the Fund and shall Collection of deduct from the salary of each officer the amount due to the Fund by such officer, tribu-

4. Government shall allow interest at the rate of 4% per annum on the interest ou balance at credit of the Fund, on the 31st day of January in each year.

money of Fund

5. The Treasurer shall prepare annually on or before the 30th April of each Ammal year for the information of the Governor a report and statement showing the ant statement. financial position of the Fund for the year ended the 31st December preceding, a copy of which shall be furnished to each contributor.

Giving Security.

6. Every person appointed or promoted after the coming into force of these security to Rules to a permanent or acting office in the service of the Government, who may be furnished. be required by the Governor to furnish security for the due and faithful discharge

of his duties, shall furnish such security under these Rules.

Provided that any officer who may prefer to give security by the deposit of money in any bank approved by the Governor shall be exempt from contribution under the provisions of these Hules if security is thus furnished within seven days of his assuming the duties of an office in respect of which security is required. Money deposited in a bank as security under the provisions of this section must be deposited in the name of the Treasurer.

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کھی

§8

§!! withat

7.-(.) Any officer appointed to any office in the service of the Government Officers before the coming into Force of these Rules who is required to give security for the poured due and faithful discharge of his duties way if he so desires give such security by making of contributing to the Frud.

(2.) When any officer has before the coming into force of these Rules fur- nished security by a bond entered into by a surety or sureties duly approved by existing regulations, it shall not be necessary for him to find another surety or other sureties unless such security shall be voiled or rendered incomplete or insufficient in the opinion of the Governor through the death, departure from the Colony or resignation of any of his sureties or by any other cause.

Provided that when any security furnished by any officer appointed to the service of the Government before the coming into force of these Rules shall be voided or rendered incomplete or insufficient as aforesaid, the officer who has furnished such security shall give security by contributing to the Fund.

Provided further that the Fund shall be in no way liable to make good any amount payable in respect of any act or default of any officer contributing to the Fund under this section done or made before the first day in respect of which such officer makes a payment to the Fund.

before

§12(1)

Bules may give security ther under.

§IL(ii)

8-(1) Every officer giving security under these Rules shall furnish & Permal personal bond in the form authorised by the Governor.

(2.) Such bond shall be furnished within seven days from the date on which such officer enters upon the duties of the office in respect of which security is required.

Lond to be farnisbed.

SiLLis

$14(a)