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(1)The Treasury may appoint (but so that the first appointment made shall not take effect before the appointed day) a person to be Director of Savings who shall have such functions as are conferred on him by, or by virtue of, the following provisions of this Act.
(2)The expenses of the Director of Savings shall, unless required by some provision of this Act to be borne in some other manner, be defrayed out of moneys provided by Parliament.
(3)Schedule 2 to the [1967 c. 13.] Parliamentary Commissioner Act 1967 shall have effect as if, after the reference to the National Debt Office, there were inserted a reference to the Department for National Savings.
(4)For the purposes of the [1965 c. 20.] Criminal Evidence Act 1965 and the [1965 c. 15 (N.I.).] Criminal Evidence Act (Northern Ireland) 1965 (which make certain trade or business records admissible as evidence in criminal proceedings) the expression "business " shall include the activities of the Director of Savings.
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