Law library · Sierra Leone · The Post Office Savings Bank (Rate of Interest) Order
Section 32, The Post Office Savings Bank (Rate of Interest) Order
Status not yet checkedThe Post Office Savings Bank (Rate of Interest) Order, Sierra Leone
(1) When a depositor wishes to withdraw a sum notexceeding three pounds, he may, without previous notice, apply
for payment at any Office transacting Savings Bank
business, and if, upon production of depositor's book, the
Savings Bank officer is that a sufficient amount is
standing to the depositor's credit to allow of payment of the
required amount, if such payment cnn made without
inconvenience to the of the Post Office, the Savings
Bank officer may make payment accordingly, subject to the
following :rules :
must be as in Form E in the Schedule
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only to the depositor person .
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of :ngs is the person entitled to
amount stated in the application.
(d) That a specimen of the depositor's signature or of his
mark and thumbprint is available in the depositor's book.
(e) The depositor must sign the :receipt or make his mark
or thumbprint on the form of application the presence of the
paying officer that :receipt shall be a good discharge to the
Postmaster General for the sum specified in the application.
(j) That no alteration or erasure of any kind appears on
the form.
(g) The paying officer shall enter the amount paid in the
depositor's book and attest the entry with his signature and
the date-stamp of his office.
(h) When deposits stand in the name of more persons than
one, all such persons shall attend and sign the necessary
application and receipt.
(i) The credit balance due to a depositor shall not be
reduced to an amount less than one shilling by a withdrawal on
demand.
(2) This rule shall apply only to accounts in the name of an
individual, to joint accounts and to trustee accounts.
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