Savings Banks Act, 1920

Extension of power to make regulations with respect to savings banks.

3.(1) The power of the Postmaster-General, with the consent of the Treasury, to make regulations under the enactments relating to the Post Office savings bank shall include power to make regulations for any of the following purposes:—

(a) For prescribing the means by which particular facts may be proved and the mode in which evidence thereof may be given, and for authorising the Postmaster-General to treat proof of any particular facts given in the manner prescribed by the regulations as conclusive evidence of those facts for the purpose of the payment or transfer of any sum:

(b) For authorising the Postmaster-General for the purpose of the payment or transfer of any sum to treat any person as having been domiciled in the place in which he was resident at the date of his death:

(c) For directing that except as provided by the regulations no entry with respect to any trust, express, implied or constructive, shall be made in the account of any depositor, and that except as aforesaid no notice of any such trust shall be receivable by the Postmaster-General:

(d) For determining the date on which a deposit is to be deemed to be withdrawn, and for prescribing the method by which payment of sums withdrawn is to be made.

(2) The Treasury may make regulations appying to trustee savings banks, with or without modifications, the provisions of any regulations made under this section with respect to the Post Office savings bank.