✨ Finance & Revenue Regulations
1114
THE NEW ZEALAND GAZETTE.
[No. 35
the Postmaster-General that he will apply such money for the benefit of such infant; and the receipt of such person shall be a good discharge to the Postmaster-General for sums so paid.
Withdrawal from accounts of lunatics.
- (1.) An application for the withdrawal of money deposited in the name of a person of unsound mind shall be made either by the Public Trustee or by the committee of the estate of such person.
(2.) The warrant issued on such application shall be made out in the name of the said Public Trustee or committee, as the case may be; and the receipt given by either shall be a good discharge to the Postmaster-General for the sum specified in such warrant.
Postmaster-General may authorise payment where no committee appointed and Public Trustee does not claim.
(3.) Where a depositor is insane, and no committee of his estate has been appointed, or claim made by the Public Trustee, the Postmaster-General may, when it is proved to his satisfaction that it is just and expedient so to do, pay the deposits standing in the name of the depositor, or any part thereof, to any person whom he shall judge proper to receive the same; and the receipt of such person shall be a good discharge to the Postmaster-General for the sum so paid.
Withdrawals from joint accounts.
- (1.) An application to withdraw money deposited in the joint names of two or more persons shall be made by all such persons; or by the survivor among such persons.
(2.) The Postmaster-General may require proof of survivorship to his satisfaction.
(3.) The warrant issued on such application shall be made out in the names of the applicants, and their receipt shall be a good discharge to the Postmaster-General for the sum stated in the warrant.
Withdrawals from trust accounts.
- (1.) An application to withdraw money deposited in the name or names of one or more persons as trustee or trustees for another person shall be made jointly by all the persons named in the title of the account, or by the survivor among such persons.
(2.) The Postmaster-General may require proof of survivorship to his satisfaction.
(3.) The warrant issued on such application shall be made out in the names of the applicants, and their receipt shall be a good discharge to the Postmaster-General for the sum stated in the warrant.
Insanity or bankruptcy of depositor in trust account.
- Where a depositor named in a trust account has become insane or bankrupt, the Postmaster-General may in his discretion pay the deposits to the other person or persons named in such account with or without the concurrence of the Public Trustee, or of the committee of the estate or Official Assignee in Bankruptcy (if any) of the depositor who has become insane or bankrupt, and the receipt of such person or persons shall be a good discharge to the Postmaster-General for the sum so paid.
Withdrawals from accounts in name of friendly or other societies.
- (1.) An application to withdraw money deposited in the name of a savings-bank or of a legally constituted friendly, charitable, or provident society, or of a society registered under “The Trade-union Act, 1878,” or “The Industrial Conciliation and Arbitration Act, 1900,” or any amendments thereof, or of such other non-mercantile society as the Governor in Council specifies from time to time, may be made by any person or persons for the time being recognised by the Postmaster-General as entitled to withdraw such money.
(2.) The Postmaster-General may in his discretion require proof to his satisfaction of the identity of the applicants, and of their authority to withdraw the deposits of the society.
(3.) The warrant issued on such application shall be made out in the names of such persons as are mentioned therein and entitled for the time being to withdraw the deposits of the society, and the receipt of such persons shall be a good discharge to the Postmaster-General.
Withdrawals from accounts of Education Boards or School Committees.
- (1.) An application to withdraw any money deposited by any duly appointed Education Board or School Committee shall be made by the person or persons for the time being recognised by the Postmaster-General as entitled to withdraw such money.
(2.) The Postmaster-General may in his discretion require proof to his satisfaction of the identity of the applicants, and of their authority to withdraw the deposits of the Education Board or School Committee.
(3.) The warrant issued on such application shall be made out in the names of the applicants, and their receipt shall be a good discharge to the Postmaster-General for the sum stated in the warrant.
Authority for payment to agent.
- (1.) A warrant shall be presented by the person named therein, or by a person duly authorised by him to receive the sum specified in the warrant.
Power of attorney.
(2.) An authority to receive the amount payable on a warrant must be given either by power of attorney duly executed in the presence of a witness, or by a letter or order signed in the presence of one or other of the following persons, that is to say:—
Persons by whom authorities may be attested.
(a.) Any responsible officer of the Postmaster-General, other than the paying officer.
(b.) A minister of any religious denomination.
(c.) A Judge of the Supreme Court, Stipendiary Magistrate, Mayor, or Justice of the Peace.
(d.) A notary public or solicitor of the Supreme Court.
(e.) The medical attendant of the person named in the warrant.
(f.) Any person or class of persons for the time being approved by the Postmaster-General in that behalf.
(g.) Where the person named in the warrant is abroad, the power of attorney must be executed or the letter or order signed in the presence of a notary public, or of the British consular authority, or some constituted authority of the place in which such person is residing.
(h.) Where the person named in the warrant is on active service in the army or navy, the power of attorney must be executed or the letter or order signed in the presence of a commissioned officer of his regiment or ship.
(i.) Where the person named in the warrant is at sea, the power of attorney must be
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Regulations for Post-Office Savings-Banks
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💰 Finance & Revenue28 April 1903
Post-Office Savings-Bank, Withdrawals, Warrant issuance, Depositor's book, Infants' accounts, Notice period, Receipts, Discrepancy reporting, Joint accounts, Trust accounts, Lunatics, Insanity, Bankruptcy, Friendly societies, Education Boards, School Committees, Power of attorney, Agent payment
NZ Gazette 1903, No 35