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Deposit Book.
by the Public Trustee or by some person who is authorised by him in writing to act on his behalf in opening accounts, and whose signature is authenticated to the satisfaction of the Post- master-General.
(2) The title of each account opened by the Public Trustee shall specify on behalf of what estate or person the account is opened.
28.-(1) Subject to the provisions of these Regulations, where a first deposit is made a numbered book (in these Regulations referred to as the Deposit Book) shall be handed to the depositor.
(2) Save in the case of a Friendly Society or Charitable Society, or of deposits made in the name of an infant under seven years of age, the depositor, or where the deposit is made in the name of a Body Corporate or Corporation Sole, the officer of the Body Corporate making the deposit, or the person representing the Corporation Sole for the time being, shall sign his name in the place provided for his signature in the Deposit Book.
(3) Where an account stands in the name of the Registrar of a County Court and there is a change in the Registrarship, the new Registrar shall, at the request of the Postmaster-General. sign his name in the Deposit Book,
(4) Subject to the provisions of these Regulations, where the amount of a first deposit is less than ten shillings the Officer receiving the deposit shall issue to the depositor a Deposit Book containing one or more adhesive labels bearing a receipt for the amount deposited, and the said officer shall affix bis initials and the dated stamp of his office in the Deposit Book on or opposite to each such label. A Deposit Book of the kind described in this sub-clause is hereinafter referred to as a Coupon Deposit Book, and an adhesive label of the kind described in this sub- clause when affixed to a Deposit Book, initialled and dated as above provided, is hereinafter referred to as a Coupon Receipt.
(5) All deposits made by a depositor to whom a Coupon De- posit Book has been issued shall be recorded in such book by means of Coupon Receipts until the total amount of the deposits recorded in the book equals or exceeds £1. So soon as the de- posits recorded in the Coupon Deposit Book amount to or exceed £1 the said book shall be surrendered by the depositor and a Deposit Book crediting him with the total amount of his deposits shall be issued to him.
(6) Save as in this Regulation otherwise provided, the amount of every deposit shall be entered by the officer receiving the same in the Deposit Book, and such officer shall affix his initials and the dated stamp of his Office opposite each entry, and shall immediately report the receipt of the said deposit to the Post- master-General.
(7) No charge shall be made for a Deposit Book except where expressly provided by these Regulations.
(8) Subject to the provisions of these Regulations, every Coupon Deposit Book shall be deemed to be the property of the depositor. Every other Deposit Book shall be the property of the Postmaster-General and shall be delivered up as and when required by the Postmaster-General,
(9) The provisions of this Regulation in relation to Coupon Receipts and Coupon Deposit Books shall not apply to deposits made by or under the authority of any statute where such statute dispenses with the making of the prescribed declaration or to deposits made by a Body Corporate or Corporation Sole; in the case of any other depositor's account the Postmaster-General may, in his discretion, direct that the said provisions shall not apply.
ment of
29.-(1) The Postmaster-General shall forthwith, upon receiv- Acknowledg- ing information of any deposit of the amount of £20 or upwards, Deposits. transmit to the depositor an acknowledgment of the receipt of the said sum. Where, however, a deposit is made wholly or in part by cheque, the transmission of the acknowledgment of the receipt of such deposit shall be deferred for a period not exceed- ing twelve days from the date upon which the deposit is made. (2) Such acknowledgment shall be signified by the Controller of the Post Office Savings Bank, or by such other officer as the Postmaster-General shall appoint for the purpose, and shall be in the prescribed form.
(3) If the sum mentioned in any acknowledgment is not identical with the sum actually deposited by the depositor, or the sum entered in the Deposit Book, the depositor shall at once, by letter addressed to the Controller of the Post Office Savings Bank, call the attention of the Postmaster-General to the discrepancy, and failure by the depositor to do so shall discharge the Postmaster-General from all liability in respect of such failure.
Withdrawals,
30.—(1) Subject to the provisions of these Regulations, any depositor wishing to withdraw the whole or part of the sum deposited by him shall make application to the Postmaster- General in the prescribed form, and shall where required satisfy the Postmaster-General that the form is duly signed by the depositor.
(2) A printed copy of such form may be obtained at any Savings Bank Office.
(3) In such form the depositor shall specify the number of his Book, the name of the Office, or other distinctive letters or marks printed on the cover of such Book, the sum he wishes to withdraw, his occupation and residence, and the Post Office at which he wishes to receive his money.
(4) On receipt of this application a Warrant for the amount required, payable at the office named therein, shall be sent to the applicant by post.
Procedure on With-
drawals,
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