✨ Continuation of Annuity Regulations
550
THE NEW ZEALAND GAZETTE.
missioner, on a form to be obtained from any Officer
appointed under Regulation No. 1, for the return of
so much of the purchase money as shall have been
paid.
-
No Annuity shall be granted under the said
Acts otherwise than in the sole name of the per-
son on whose life and for whose benefit the said
Annuity is granted, except in the case of females,
infants under the age of twenty-one years, idiots,
persons of unsound mind, or incapacitated by bodily
or mental infirmity from taking care of themselves,
proof of which shall, in any case in which the An-
nuity is to be dependent upon the life of any such
person, be afforded to the said Commissioner to his
satisfaction at the time of making the contract, in
which case it shall be lawful to grant such Annuities
as are authorized upon the life of any such person
to such person, and to any two or more persons not
interested therein, as Trustees for such person; but
in all such cases the name of the person on whose
life and for whose benefit the Annuity is granted
shall be inserted in the contract as joint proprietor
of the said Annuity. -
All payments which shall become due or pay-
able under or in respect of any contract into which
the said Commissioner shall enter under the pro-
visions of the said Acts shall be made by warrant,
which warrant shall be issued from the office of the
said Commissioner in Wellington to the person en-
titled to receive such payment, and shall be made at
such of the offices appointed for the purpose as such
person shall select. The Officer shall be advised from
the office of the said Commissioner in Wellington of
all warrants made payable at his office, and shall not
pay any warrant unless so advised, and unless the
person entitled to receive such payment shall pre-
sent the warrant in person, and sign the receipt at
the foot of the said warrant in the presence of the
paying Officer, and shall produce evidence of his
identity. If, by reason of bodily infirmity, the per-
son entitled to receive such payment shall be unable
to present the warrant in person at such office, then
the Officer, or some Officer of the Postal Department
authorized by him, shall, on notice of such inability,
carry the amount of the warrant to the residence of
such person, pay him such amount, and take his
signature on the receipt at the foot of the warrant.
The warrant, when paid and receipted, shall be
transmitted to the office of the said Commissioner
in Wellington. -
Any person proposing to enter into any con-
tract under the provisions of the said Acts shall
provide, at his own cost, such evidence of age as shall
be required by the said Commissioner, but shall not
be required to pay any fee or fees for medical exami-
nation, or to pay the cost of any additional inquiry
which the said Commissioner may think fit to make
with regard to his health, habits, age, and occupation,
or to pay any fee or fees for the issue of any contract
which may be made in accordance with his proposal,
or to pay any postage for the transmission of his pro-
posal, or for the transmission of any correspondence
arising out of such proposal or contract between him
and the said Commissioner, except as provided by
these Regulations. -
Persons proposing to purchase Deferred An-
nuities shall, if the said Commissioner think fit, be
required to pay, at the time of purchase, a fee of one
shilling for every pound of Annuity purchased.
REGULATIONS AS TO PAYMENTS ON DEATH.
-
On the death of any person upon the contin-
gency of whose life any contract may be dependent
under the said Acts or either of them, notice in
writing of such death shall immediately be given to
the said Commissioner. -
In every case where the age of any person
upon the contingency of whose life any contract
shall be dependent has not been admitted by the
said Commissioner, the age may be proved by fur-
nishing to the said Commissioner either—
(a.) An examined official or certified copy or
extract from the register or other official record
of the birth.
(b.) A declaration, affirmation, or affidavit by
some person other than the Assured, stating
that no register or other official record of the
birth is to be found, and stating with particu-
larity the belief of the person declaring,
affirming, or swearing as to the age of the
Insured and the grounds of such belief. Such
declaration, affirmation, or affidavit must be
made in such form and manner that the
person making it would, under the law of the
place where it is made (if there be any such
law) be criminally responsible if any state-
ment therein be false to his or her know-
ledge.
- Death may be proved by production of any of
the following evidence:—
(a.) A certificate under the hand of the medical
attendant (if any) of the deceased during his
or her last illness, stating the date, and place,
and cause of death.
(b.) An examined official or certified copy or
extract from the register or other official record
of the death or burial.
(c.) A declaration, affirmation, or affidavit stating
the time and place and circumstances of the
death, and that no official record of the death
or burial is to be found; such declaration,
affirmation, or affidavit to be made in the
manner herein prescribed with regard to
declarations as to age.
- The identity of the deceased, and the person
upon the contingency of whose life the contract is
dependent, shall be proved by declaration, affirmation,
or affidavit made in the manner herein prescribed
with regard to declarations as to age, and stating the
knowledge or belief of the person making the same
as to the identity of the deceased, and giving with
particularity the grounds of such knowledge or
belief.
N.B.—As the difficulty of proving the age increases
with time, holders of contracts are advised to send in
proofs of the age of the person or persons upon the
contingency of whose life or lives the contract is
dependent to the said Commissioner, either before or
as soon as possible after the contract is effected.
When proofs have to be obtained in Great Britain,
the said Commissioner will make inquiries through
the Government Agent in London, but a sum of £5
must be deposited with the said Commissioner
towards covering the expenses of searches and
certificates. The balance (if any) of this sum, after
deducting such expenses, and a fee of 5s., will be
returned to the depositor, who will be held liable for
any excess of cost.
The Commissioner reserves the right of refusing
to make inquiries, and to discontinue inquiries com-
menced, at his uncontrolled discretion.
- Probate and Letters of Administration shall be
dispensed with in the following cases:—
(a.) Where the death has happened beyond the
limits of the Colony, and probate or letters
of administration, or some equivalent thereto,
has been granted by some Court or person of
competent authority out of the Colony, and
an exemplification or other formal proof there-
of is produced.
(b.) Where the money payable by the said Com-
missioner is received by a Curator of Intestate
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Continuation of Regulations under Government Annuities and Insurance Acts
(continued from previous page)
💰 Finance & Revenue22 October 1870
Annuities, Insurance, Payments, Death proof, Age proof, Regulations, Contracts
NZ Gazette 1870, No 62