person or persons a paid-up contract of Assurance
equivalent in value to the then value of the surren-
dered interest.
26. The said Commissioner may, if he think fit,
permit the person for the time being entitled to
surrender any contract to exchange the same for a
contract of any other class which may be made under
the provisions of the said Acts, subject nevertheless
to such regulations as may hereafter be in force in
that behalf.
27. Before any moneys payable in respect of any
Deferred Annuity or Endowment will be paid under
any contract in that behalf, the said Commissioner
may require satisfactory evidence of the age and
identity of the person claiming to be entitled to the
same.
28. (Has been cancelled.)
29. (Has become inoperative.)
30. The right and interest in any contract for the
assurance of a sum of money payable at death or
otherwise may be assigned, but notice of every such
assignment shall be given to the said Commissioner,
and a fee of 10s. 6d. be paid thereon; and in every
case a copy of the Deed of Assignment shall be
delivered with such notice, and the contract produced
to the said Commissioner, who shall indorse thereon
the receipt of such notice.
31. Any premium or other payment required to be
made by or on behalf of the Assured under any
contract made under the said Acts or either of them,
may be paid by means of one or more Post Office
Money Orders, and the person liable to the payment
of the same shall not be held to have made default of
payment, if such Money Order or all such Money
Orders shall appear to have been issued on or before
the last day on which such payment ought to be
made under the provisions of the contract, exclusive
of the days of grace mentioned in Regulation
number 20, and to have been posted for transmission
immediately after the issue thereof.
32. If any person who shall have contracted for
the purchase of a Deferred Annuity by payments
made annually, or oftener, on condition that in the
event of default of payment, or in the event of the
death of the person on whose life the Annuity is to
depend before the period at which the Annuity is to
commence, the purchase money paid shall be return-
able, shall make default of payment; or if the person
on whose life the Annuity is to depend shall die
before the Annuity commences, then the person for
whose benefit the Annuity was purchased, or his
representatives, shall make application to the said
Commissioners, 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.
33. No Annuity shall be granted under the said
Acts otherwise than in the sole name of the person
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 Annuity 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 author-
ized 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.
34. All payments which shall become due or pay-
able under or in respect of any contract into which

THE NEW ZEALAND GAZETTE. 77
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 present
the warrant in person, and sign the receipt at the
foot of the said warrant in the presence of the pay-
ing officer, and shall produce evidence of his identity.
If, by reason of bodily infirmity, the person 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 per-
son, 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.
35. Any person proposing to enter into any con-
tract under the provisions of the said Acts shall pro-
vide, 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.
36. 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.
37. 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
stating that no register or other official record
of the birth is to be found, and a declaration,
affirmation, or affidavit by some person other
than the Assured, stating with particularity
the belief of the person declaring, affirming,
or swearing as to the age of the Insured and
the grounds of such belief. Such declarations,
affirmations, or affidavits must be made in
such form and manner that the persons making
them would, under the law of the place where
they are made (if there be any such law) be
criminally responsible if any statement therein
be false to their knowledge.
38. 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