CO129-561-6 Companies Amendment Ordinance draft bill- correspondence 18-1-1937 - 6-7-1938 — Page 33

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that they should follow the report of the expert

committee.

I therefore pass through Mr. Walker for

any comments he may have on sections 358 onwards of

the Bill, which deal with savings banks. I regret

that the Bill was not referred to him in the first

instance.

I suggest that an additional memo, modifying

our draft and incorporating the suggestions, above,

The walker made by Mr. Dale, and any observations may have

to make, should be sent to the departments/concerned

for concurrence.

? So proceed.

P. Rages

18. vii. 38.

Save 364. I do not know why, monchly

lemit has been adopted

who

on a man

fola

it might be hard

legacy.

I think, in addition &point's

made in

first 2 sub faras of draße (I assume the suggestion re inclusion in Rules not ordinance afflies both to moniter, or annual, as well as havemin

hình)

mouthes

!

we might point out

SO Cttee recommended

limit

f

that

that the

an annual & am

aggregati

as regards the latter it is

afflied to deposits made by the depositor

مقلنسابو

not to increases by accrual of interest, as that interest credited ta deposit the which

the aggregate increases the account above the limit is not debarred from earning interest. The form of the male suggested bravois Colonies "to depositor shall be entitted Ideposit in

in laches

of (E 200)

ut any

کا نشا

one-year increase by way of deposit the total amount

Uy

any