Section 43, The Post Office Savings Bank (Rate of Interest) Order

(1) Where deposits have been made in the joint names oftwo or more persons whose names are all entered in the title of the account, upon the application of all such persons or the survivors or survivor of them, the Postmaster General may, in case he should think it just and expedient so to do, remove the name or names of one or more of such persons from the title of the account and may substitute the name of another or others in the place thereof provided the consent in writing of such person or persons whose name or names it is desired to substitute be first obtained. Every party to the account as altered shall make the declaration required upon the making of a first deposit. · (2) In any case provided for by this rule the receipt of all persons named in the title of the account as altered in manner provided by this rule shall be a good discharge to the Postmaster General for any sums standing to the credit of the account. Post Uffice tiav~ngs Bank l\iap. 101 1:.:101