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Post Office Act 1969

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Part IAmendments of the Post Office Savings Bank Act 1954

Provision amended and Subject-matter thereofAmendment
Section 2 (general power to make regulations).

In subsection (1), for the words " The Postmaster General, with the consent of the Treasury, may make regulations", there shall be substituted the words

The Treasury may make regulations,

and the words " in his department" shall be omitted; and, in subsection (2), for the words

post office savings banks

and the words " the Postmaster General", there shall be substituted, respectively, the words

the National Savings Bankand the words " the Director of Savings ".

Section 4 (limit on amount of deposits).In subsection (1), the words " by the Postmaster General" shall be repealed.
Section 6 (withdrawal).

For the words " the authority of the Postmaster General" there shall be substituted the word

authority;

and for the words " any Post Office where deposits are received or paid ", there shall be substituted the words

any place at which deposits can be withdrawn.

Section 7 (regulations as to deposits).

In subsection (1), for the words " The power of the Postmaster General with the consent of the Treasury to make regulations ", there shall be substituted the words

The power of the Treasury to make regulations;

in paragraphs (a), (b) and (e), for the words " a post office savings bank " and the words " any post office savings bank", there shall be substituted the words

the National Savings Bank;

in paragraphs (d) and (g), for the words " the Postmaster General", there shall be substituted the words

the Director of Savings; for paragraph (f), there shall be substituted the following paragraph:—

" (f) for the purpose of the payment or transfer of any sum, for authorising a person to be treated as having been domiciled in the place in which he was resident at the date of his death";

and, in paragraph (l), the words " the Postmaster General to treat as a depositor in a post office savings bank" shall be omitted, and, at the end of that paragraph, there shall be added the words

to be treated as a depositor;

and, in subsection (2), for the words " a post office savings bank ", there shall be substituted the words

the National Savings Bank.

Section 8 (settlement of disputes).

In subsection (1), for the words " the Postmaster General", there shall be substituted the words

the Director of Savings;

in subsection (2), for the words " the Postmaster General" there shall be substituted the words

the Director of Savings;

in subsection (4), for the words " books belonging to the Postmaster General", there shall be substituted the words

books of the National Savings Bank;

and, in subsection (5), for the words " the Postmaster General", there shall be substituted the words

the Director of Savings.

Section 10 (secrecy).

In subsection (1), for the words " the Postmaster General", there shall be substituted the words

the Director of Savings.

Section 11 (transfer of deposits to other savings banks).

In subsection (1), the words " under this Act" shall be repealed, and for the words " the Postmaster General " there shall be substituted the words

the Director of Savings;

in subsections (4) and (5), for the words " the Postmaster General", there shall be substituted the words

the Director of Savings;

and, in subsection (6), for the words " the post office savings bank ", there shall be substituted the words

the National Savings Bank.

Section 12 (transfer of deposits from other savings banks).

In subsection (1), for the words " a post office savings bank", there shall be substituted the words

the National Savings Bank;

in subsection (2), for the words " to any person authorised to receive deposits under this Act", there shall be substituted the words

at any place where the business of the National Savings Bank is transacted,

and the words " made under this Act" shall be repealed; in subsection (5), for the words " the post office savings bank", there shall be substituted the words

the National Savings Bank;

and, in subsection (6), for the words " the Postmaster General" there shall be substituted the words

the Director of Savings.

Section 13 (transfer of deposits from and to overseas savings banks).

In subsection (1), for the words " the Postmaster General" there shall be substituted the words

the Director of Savings,

and for the words " the post office savings bank" (in both places where they occur) there shall be substituted the words

the National Savings Bank:

in subsection (2), the reference to an arrangement's having been made under subsection (1) shall be construed as including a reference to an arrangement's having been made under that subsection by the Postmaster General before the appointed day, and for the words " the Postmaster General may place any amount transferred in pursuance of those arrangements to the post office savings bank", there shall be substituted the words

the Director of Savings may cause any amount transferred in pursuance of the arrangement to the National Savings Bank to be placed;

and, in subsection (3), for the words " Regulations made under this Act by the Postmaster General with the consent of the Treasury ", there shall be substituted the words

Regulations made under this Act by the Treasury.

Section 14 (deposits by charitable societies, &c).

In subsections (1) and (2), for the words " a post office savings bank ", there shall be substituted the words

the National Savings Bank;

in subsection (3), for the words " The Postmaster General " there shall be substituted the words

The Director of Savings,

and, for the words " a post office savings bank " there shall be substituted the words

the National Savings Bank;

and, in subsection (4), for the words " any obligation on the Postmaster General as respects his receiving any funds" there shall be substituted the words

any obligation on the National Savings Bank to receive funds.

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