Post Office Savings Bank Act, 1861

Investment of funds received under this Act.

9. The monies remitted to the Commissioners for the Reduction of the National Debt under the authority of this Act shall be invested in some or in all of the securities in which the funds of savings banks established under the existing laws may be invested; and a separate and distinct account shall be kept by the said Commissioners of all receipts, investments, sales, and repayments; and a balance sheet of such account from the first of January to the thirty-first of December in every year shall be laid before both Houses of Parliament . . .