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Transfer of powers and duties of certifying barrister.
38 & 39 Vict. c. 60.
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2. The powers and duties vested by the Acts relating to savings banks, Post Office savings banks, and the Commissioners for the Reduction of the National Debt, in the barrister appointed to certify the rules of savings banks shall be transferred and vested as follows:—
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(1.) The power of certifying rules, and alterations or amendments of rules of savings banks, and the powers and duties relating to any dispute arising between the trustees and managers of any savings bank or (in the case of a Post Office savings bank) the Postmaster General on the one hand and any depositor or person claiming through or under a depositor on the other hand, shall be transferred to and vested in the registrar as defined by the Friendly Societies Act, 1875; and
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(2.) All powers and duties (other than those above in this section mentioned) shall be transferred to and vested in such persons as the Treasury from time to time appoint.
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Every person to whom any power or duty of the barrister appointed to certify the rules of savings banks is transferred by this section shall, for the purpose of the exercise of such power or duty, and of the enactments relating thereto, have the same powers and authorities as and be deemed to be the barrister appointed to certify the rules of savings banks; but any such power or duty which is vested in the said registrar when exercised or performed by the assistant registrars for Scotland and Ireland shall be so exercised or performed subject to the direction of the chief registrar in the Friendly Societies Act, 1875, mentioned.
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Any person purchasing an annuity or contracting for the payment of a sum of money at his death, who is by any Act directed to be considered as a depositor in a savings bank, shall be deemed to be a depositor within the meaning of this Act.
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