Trustee Savings Banks Act, 1989

Name of trustee savings bank.

14.—(1) The phrase “trustee savings bank” or the phrase “savings bank” shall, unless the Central Bank consents to its omission, be included in the name of a trustee savings bank.

(2) A person other than a trustee savings bank—

(a) if he is a body corporate, shall not include in the name of the body either of the phrases aforesaid or any phrase that is a variant, derivative or translation of or is analogous to either of those phrases,

(b) if he is an individual carrying on a business under a name or title (other than his own name without any addition thereto), shall not include in the name or title either of the phrases aforesaid or any phrase that is a variant, derivative or translation of or is analogous to either of those phrases,

(c) if he is an unincorporated body of persons carrying on a business, shall not include in the name under which the body carries on business (not being, in the case of a partnership, the name or names of one or more of the partners without any addition thereto) either of the phrases aforesaid or any phrase that is a variant, derivative or translation of or is analogous to either of those phrases,

(d) shall not use, in an advertisement, circular, business card or other document either of the phrases aforesaid or any phrase that is a variant, derivative or translation of either of those phrases if by doing so he would hold himself out or represent himself as being a trustee savings bank.

(3) A person who contravenes subsection (2) shall be guilty of an offence.