CO129-567-10 Companies Amendment Ordinance- draft bill 15-9-1938 - 28-9-1938 — Page 293

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(d) Stationery, forms, etc., provided for use in the chief office and at local post offices. (e) Law charges. An apportionment made in conjunction with the Solicitor's Depart- ment of the Post Office.

(f) Losses by default, accident, etc.

(7) Incidental expenses, including publicity.

(h) Pension liability and marriage gratuities,

(2) Expenses incurred on Savings Bank business by other Post Office Departments.

(a) Salaries of Administrative and Accounting Departments of the Post Office and of the National Debt Commissioners.-The incorporation of the British Government Savings Bank within the Post Office involves necessarily the headquarters of the Post Office and the Accountant-General's Department in expense on behalf of Savings Bank business, and in this item the estimated amount of that expense is charged to the Savings Bank Fund. The cost of Savings Bank work at the office of the National Debt Commissioners is also included.

(b) Commission, accommodation, etc.-This represents the amount paid in respect of Savings Bank business conducted at post offices. The charge is arrived at on the basis of the recommendations of a committee which sat in 1928 and introduced a unit costing system whereby every transaction at a post office was given a time, value estimated on the actual time taken to perform each transaction plus a relative apportionment of "unoccupied " time. The principle of occupied " and "unoccupied "' time definitely brought into close relationship the staffing of the offices and the unit value per transaction. The unit value allows for all overhead charges, i.e., supervision, leave, superannuation, accommodation, etc.

(c) Postage. A record is kept of all incoming and outgoing correspondence, and the cost is recovered from the Post Office Savings Bank Fund by the Accountant-General's Department of the Post Office.

(d) Telegrams.-

(e) Telephones.-¡

The cost of these items is ascertained and is recovered from the Post Office Savings Bank Fund by the Accountant-General's Department

of the Post Office.

(3) Appropriations-in-Aid.-The main items which fali into this group are the proceeds of the price charged for home safes issued to the public, service fees required from depositors who use the telegraphic service for withdrawals, fees for the issue of new deposit books to replace those lost by depositors and the sale of waste paper, etc.

(28473-29) Wt, 82680-3391 250 5/35 7P. St. G. 873