Savings Banks Act, 1920

Short title, interpretation, and repeal.

10.(1) This Act may be cited as the Savings Banks Act, 1920.

(2) Part I. of this Act, so far as it relates to the Post Office savings bank, may be cited with and shall be construed as one with the Post Office Savings Bank Acts, 1861 to 1908.

Part I. of this Act, so far as it relates to trustee savings banks, shall be construed as one with the Trustee Savings Banks Acts, 1863 to 1918, and those Acts, section five of the National Debt (Supplemental) Act, 1888 , and Part I. of this Act so far as it relates to trustee savings banks may be cited together as the Trustee Savings Banks Acts, 1863 to 1920.

(3) In this Act the expression “savings bank authority” means, as regards any trustee savings bank, the trustees of the bank, as regards any savings bank for seamen, the Board of Trade, and, as regards the Post Office savings bank and Government stock inscribed in the Post Office register, the Postmaster-General, and refences to stock inscribed in the Post Office register shall include reference to securities registered in that register.

(4) The enactments mentioned in the schedule to this Act are hereby repealed to the extent specified in the third column of that schedule, in the case of the enactments mentioned in the First Part of that schedule as from the commencement of this Act, and in the case of the enactments mentioned in the Second Part of that schedule as from the expiration of a period of six months after the termination of the present war.