Post Office Savings Bank Act, 1908

POST OFFICE SAVINGS BANK ACT 1908

CHAPTER VIII.

An Act to amend section eleven of the Savings Banks Act, 1904. [1st August 1908.]

Be it enacted by the King’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:

Acknowledgments of deposits.

1.(1) In the case of deposits not exceeding one pound, or such higher maximum amount as may from time to time be fixed by regulations made by the Postmaster General with the consent of the Treasury under the Post Office Savings Bank Acts, 1861 to 1904, the entry in the depositor’s book shall be conclusive evidence of the depositor’s claim to the repayment of the deposit, with the interest thereon, upon demand made by him on the Postmaster General, and it shall not be necessary in such case to transmit any acknowledgment of the deposit by the Postmaster General.

(2) Section eleven of the Savings Banks Act, 1904, shall be and is hereby repealed.

Short title and extent.

2.(1) This Act may be cited as the Post Office Savings Bank Act, 1908, and may be cited with the Post Office Savings Bank Acts, 1861 to 1904, as the Post Office Savings Bank Acts, 1861 to 1908.

(2) This Act shall extend to the Channel Islands and the Isle of Man, and the Royal Courts of the Channel Islands shall register the same.