Proof of death
16.—(1) The trustees may require proof to their satisfaction of the death of a depositor.
(2) The trustees may accept as conclusive proof of the death of a depositor and of the date of the death of a depositor such statement or information as the trustees may in their absolute discretion think fit, and a statement or information to their satisfaction that a depositor has not been heard of for a period of seven years or more may be accepted by them as conclusive proof of the death of such depositor.
(3) Any payment which may be made under these Regulations in reliance on such statement or information as aforesaid shall be a good discharge to the trustees for the sum paid, notwithstanding that the depositor may be in fact alive at the time of such payment.
(4) In this Regulation the expression “depositor”