Savings Banks Act 1949

12 & 13 & 14 Geo. 6 c. 13 · Enacted 9 March 1949 · Extends to United Kingdom

An Act to amend the law relating to trustee savings banks, to abolish naval savings banks, to extend the powers of the Postmaster General under section two of the Savings Banks Act, 1904; and for purposes connected with the matters aforesaid.

[9th March 1949]C1

Annotations to the whole text

Modifications

C1: Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3

1—6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
8—14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
15Abolition of naval savings banks.
16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
17†Short title, construction and extent.

1—6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

8—14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

15Abolition of naval savings banks.

C1(1)

The Naval Savings Banks Act, 1866 (which authorises the establishment of naval savings banks) is hereby repealed.

C2(2)

All property held by the Admiralty at the date of the passing of this Act for the purposes of naval savings banks shall be held by the Admiralty for the benefit of Greenwich Hospital and any money required by the Admiralty for the purpose of meeting any claim established in respect of any deposit in any naval savings bank shall be defrayed as expenses of Greenwich Hospital.

16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

17†Short title, construction and extent.C1

(1)

This Act may be cited as the Savings Banks Act, 1949.

(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(3)

This Act shall extend to the Channel Islands and the Isle of Man and shall be registered by the Royal Courts of the Channel Islands