Section 40, The Post Office Savings Bank (Rate of Interest) Order

(I) Any person of the age of 16 years or upwards towhom any sum due to a depositor at the time of his decease or to a depositor who is of unsound mind might be paid under and in accordance with the provisions of these rules, may, subject to the provisions of these rules, in lieu of drawing such sum apply to the Postmaster General for the transfer of such Transfer from one account to another. Transfer from account of deceased or insane Validity of payment. Funds of a exceeding £50. Funds of native Payment on death of a being illegitimate and dying intestate. (2) Where any sum not exceeding fifty pounds is so paid to or divided among any persons, who at the time of such payment, appear to be the heirs ab intestato of any deceased intestate depositor, the payment of any such sum of money shall be valid and effectual with respect to any demand of any other person as heir ab intestato, or as the lawful representative of such deceased intestate depositor, against the funds of the Savings Bank, any Savings Bank officer or the Postmaster General or Government of Sierra Leone, provided nervertheless, that any such heir or representative shall have remedy for any such money so paid as aforesaid against any person who may have received the same. Application for withdrawals under this rule shall be made on Forms CorD as the case may be and accompanied by a declaration as in Form G of the Schedule. 36. Where any depositor, other than a native, dies leaving any sum of money in the Savings Bank which (exclusive of interest) shall exceed the sum of fifty pounds, the same shall only be paid to the executor or administrator on the production of the probate of the will, or letters of administration, of the estate or effects of the deceased depositor to the Postmaster General. Application shall be made on Form C in the Schedule. 37. Where any depositor who is a native dies leaving any sum in the Savings Bank such sum of money shall be paid by the Postmaster General to such person as is certified by a District Commissioner as having jurisdiction to admjnister the the estate of the deceased or in the event of the Official Administrator being appointed to administer the estate of a native who dies leaving assets in the Colony, to the Official Administrator. 38. If any depositor being illegitimate, or having had an illegitimate child or children, shall die intestate, leaving him or her surviving any person or persons who, but for the illegitimacy of such depositor, or any child of such depositor, would be entitled to the money due to such deceased depositor, it shall be lawful for the Postmaster General to pay the money of such deceased depositor to any one or more of the persons who, in his opinion, would, but for such illegitimacy, have been entitled to the same according to the Statute of Distributions. ~JJ-- L---...-- --- TRANSFER oF AccouNT. 39. (1) Any depositor may apply to the Postmaster General 'fransfer for the transfer of deposits standing in his name into the name :c~r::u~~eto of any other person entitled to deposit in the Savings Bank. another. (2) Such application shall be in the prescribed form, copies of which may be obtained from the Postmaster General. (3) Every such application shall be accompanied by the depositor's book or by such other evidence as the Postmaster General may require of the title of the depositor to the sums to which the application relates. (4) Every such application shall also be accompanied by a statement of the full name and address of the person to whose name it is desired to transfer the deposits (hereinafter referred . to as "the transferee"), and particulars of the account (if any) to which the deposits are to be transferred. (5) Upon receiving such application as aforesaid, and being satisfied as to the title of the applicant to transfer the deposits 'I# to which the application relates, the Postmaster General may transfer from the account of the applicant to the account of the transferee the sum specified in the application. ( 6) In the event of such transfer being permitted such a pplication shall be a good discharge to the Postmaster General from the transferor for the sum specified therein. (7) If the transferee is not already a depositor- (a) He shall be required to make a like declaration to that made in relation to a first deposit. (b) A depositor's book shall be handed to him and he shall sign his name in the place provided for his signature in such (c) Where the transfer is made into the name of a Charitable Society, any such declaration and signature as last aforesaid shall (so far as the same are necessary in the case of a first deposit) be made and given by the person who would make and give the same in the case of a first deposit. 40. (1) Any person of the age of 16 years or upwards to whom any sum due to a depositor at the time of his decease or to a depositor who is of unsound mind might be paid under and in accordance with the provisions of these rules, may, subject to the provisions of these rules, in lieu of drawing such sum apply to the Postmaster General for the transfer of such Transfer from account of deceased or insane 1:.::i00 Incidents of transfer. Alteration in title of trust account. Alteration of title in joint L VUU '-./..J.jliVV "--'\A/Vll#li:JV ..._,._.,,.,,.., sum into his own name or the name of any other person specified in such application. (2) The provisions of these rules relating to the transfer of deposits shall apply to the transfer of sums from theaccount of a deceased depositor and from the account of a depositor who is of unsound mind so far as the same are applicable.