Savings Banks Act, 1904
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Interpretation. 26 & 27 Vict. c. 87. |
13. In this Act— | |
The expression “Trustee Savings Bank” means a bank certified under the Trustee Savings Banks Act, 1863; | ||
The expression “penny savings bank” means a bank the rules of which fix a sum not exceeding five pounds as the maximum amount which may stand to the credit of any one depositor therein at any one time, and which provide, upon the attainment of such maximum amount, for the transfer of the same to an account opened in the depositor’s own name in the Savings Bank where the deposit account of such penny savings bank is kept; | ||
The expression “Inspection Committee” means the Inspection Committee of Trustee Savings Banks established under section two of the Savings Banks Act, 1891 ; | ||
The expression “separate surplus fund” means the fund created pursuant to section twenty-nine of the Trustee Savings Banks Act, 1863; | ||
The expression “special investments” means investments made in pursuance of section sixteen of the Trustee Savings Banks Act, 1863. |