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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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