Law library · Sierra Leone · The Post Office Savings Bank (Rate of Interest) Order
Section 46, The Post Office Savings Bank (Rate of Interest) Order
Status not yet checkedThe Post Office Savings Bank (Rate of Interest) Order, Sierra Leone
(1) A depositor may transfer his account from the Savings Transfers Bank to any Government Savings Bank in the United Kingdom ~~~ ~:vings
of Great Britain and Northern Ireland, in the Republic of cert?-in other
Ireland or to any Government Savings Bank or Post Office ~~;:;_s
Savings Bank in Nigeria, Ghana, the Gambia, Jamaica, British
Guiana or Antigua, or to a Savings Bank in such other countries
with which arrangements for such transfer have been entered
into by the Postmaster General for such transfers:
Provided that-
(a) the amount so transferred shall not exceed the maximum
amount of deposits allowed by law in the country or Colony
to which the account is to be transferred;
(b) of the sum transferred, not more than one hundred
pounds shall have been deposited in the two calendar months
immediately preceding that in which the transfer is effected;
(c) the applicant for transfer of an amount shall have been
a depositor in the Savings Bank for at least two months
.prior to the date of application.
(2) An application to .transfer the account of a depositor shall
be made in such form as may for the time being be prescribed
by the Postmaster General and shall be accompanied by the
S.L.-VoL. VII-25
1258 Cap. 161] Post Office /:3av~ngs .lian/C
depositor's book or by other evidence to the satisfaction of the
Postmaster General of the title of the applicant to the deposits
. to which the application relates.
Commission
on transfer.
Transfers
from other
Savings
Bank to the
Savings
Bank.
Transfers to
Sierra Leone
to be treated
as deposits.
Nomination
of benefi.
ciary on
decease.
Form of
nomination.
Registration
of nomination.
Revocation
of nomination.
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