Part V Provisions for securing the Continuance of the Carrying on, under the Auspices of a Director of Savings in Place of the Postmaster General, of certain financial Business
The Director of Savings
93 Appointment, and functions and expenses, &c., of the Director of Savings.
1
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1
3
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2
4
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3
Replacement of the Postmaster General by the Director of Savings for the Purposes of the Post Office Savings Bank Acts 1954 and 1966, and Provisions consequential thereon
94 The National Savings Bank.
1
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4
2
a
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d
any reference to the Postmaster General in a nomination executed under regulations made, or having effect as if made, under section 2 of the M1Post Office Savings Bank Act 1954 shall be construed as referring to the Director of Savings.
3
The amendment of section 27 of the M2Crown Proceedings Act 1947 effected by virtue of subsection (2)(c) above is an amendment of that section as well in its application to the Crown in right of Her Majesty’s Government in Northern Ireland as in its application to the Crown in right of Her Majesty’s Government in the United Kingdom.
4
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4
95. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F6
106. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F7
Replacement of the Postmaster General by the Director of Savings for the Purposes of the National Debt Act 1958 and the National Loans Act 1968, and Provisions consequential thereon
108 The stock register kept under Part I of the National Debt Act 1958.
1
F8C1a
in section 48 of the M3Finance (No. 2) Act 1915 (procedure on death of a person entitled to government stock), for the words “the Postmaster General” there shall be substituted the words “the Director of Savings” ;
C1b
in sections 66 (transfer of government stock on authority of order of a court) and 67 (indemnity on transfer of government stock) of the M4Finance Act 1916, for the words “the Postmaster General” there shall be substituted the words “the Director of Savings” ;
c
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F9
e
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F10
C1f
in section 1(4)(c) of the M5Stock Transfer Act 1963 (simplified transfer of securities), for the words “the Post Office register” there shall be substituted the words “the National Savings Stock Register”; and
g
any reference to the Postmaster General in a nomination executed under regulations made, or having effect as if made, under section 2 of the M6National Debt Act 1958 shall be construed as referring to the Director of Savings.
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F11
109 Power of the Treasury to raise money under the auspices of the Director of Savings.
110. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F13
Credits to the Post Office in respect of certain capital Expenditure incurred by the Postmaster General in Connection with annuity, savings bank and national debt Functions
F14113. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Extent of Part V and Schedule 6
114 Extent of Part V and Schedule 6.
This Part of this Act and Schedule 6 thereto shall extend to the Isle of Man and the Channel Islands.