SAVINGS BANKS ORDINANCE

SAVINGS BANKS ORDINANCE

Savings Banks.

No. 10 of 1884.

An Ordinance to facilitate tie business of Savings Banks.

[10th April, 1884.]

B it enacted by the Governor of 'Hongkong, .with the advice of the
Legislatire
B Council thereof, as follows:-- ~

1. The managers of any savings bank established in the Colony easy submit
the
rules for the constitution and for the conduct of the business of such
bank to the
Governor in Council for approval and the, Governor in Council may, by
order, approve

of such rules with or without moth&cation or map disapprove of the same.
Ordinance No. 10 of 1884.

Savings Banks.

2, When the Governor in Council approves of such rules, the rules
together with Rules to be
a notification of such approval shall be published in the Gazette and
thereupon the published.
following provisions shall apply in relation to such savings bank; that
is to say :-

All covers containing pass-books, registered letters containing stamps or
other remittances, and all correspondences as to the business of the
bank shall if marked as on business of the said bank, be forwarded
free of postage or registration fee by the Post Office of Hongkong;

Correspondence,

dzc., exempted
from poatage,

(b.) No power warrant or letter of attorney given by any depositor in
such certstn Pape'
bank to any other person authorising him to make guy de~ exempted flora

osit in the stamp duty.
bank on behalf of the said depositor or to sign guy instrument or docu~,
went whatsoever required in the course of the business of any depositor
with the bank shall be subject to any stamp duty;

. .

Provided that it shall be in the discretion of the Governor in Council at
any time.by
order, to withdraw his approval of any such rale~, and that upon such
withdrawal being
notified in the Gazette, the foregoiug,,provisious shall cease to apply
in relation to such
bank.

('Disallowance notified in Gazette ,2nd May, 1885.1

NOTE. -- For rules of the .Hongkong Savings .Bank approved the 16th April,
1885, see
Gazette the 19th,of the some month.
1792

Rules to be approved by Governor in Council.
1793
Rules to be published.
Correspondence, &c., exempted from postage.
Certain papers exempted from stamp duty.

1792

Rules to be approved by Governor in Council.
1793
Rules to be published.
Correspondence, &c., exempted from postage.
Certain papers exempted from stamp duty.

https://oelawhk.lib.hku.hk/items/show/454

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No. 10 of 1884

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