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EDWARDI VII REGIS.

A.D. 1907.

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No. 925.

An Act to amend “The Savings Bank Amendment Act,

1903,” and for other purposes.

[Assented to, November 20th, 1907.] D E it Enacted by the Governor of the State of South Australia,

D with the advice and consent of the Parliament thereof, as follows:

1. This Act may be cited as “ The Savings Bank Branches Act, short title and incor1907," and, except so far as inconsistent with “ The Savings Bank poration. Act of 1875 ” (hereinafter called “the principal Act ”), or “ The. Savings Bank Amendment Act, 1903 ” (hereinafter called “ the amending Act ”), shall be incorporated and read as one with them.

2. The word “ prescribed ” shall mean prescribed by the Trustees Interpretation. by minute, order, or rules.

mstances,

3. Section 19 of the amending Act is hereby amended by adding Trustees not to invest

funds of Bank in the following words at the end thereof :-“ Provided that the

he other than South Trustees shall not invest the funds of the Bank in any securities of Australian securities

under certain or guaranteed by any other State in the Commonwealth of Australia, ci unless by any such investment they can obtain a higher rate of Amer interest or greater advantages than could be obtained by investment of Act 824 of 1903. in securities of or guaranteed by the Government of South Australia, and which are available at the time of such investment.”

endment

. 19

4. The Trustees are hereby empowered to establish, under their power to establish immediate government, at such places within the State as they shall mentary powers.

i branches : suppleselect, as many branches of the Bank as they shall determine, and to appoint and empower such officers, clerks, and servants as they shall 925

think

The Savings Bank Branches Act.—1907.

think proper or necessary to transact such business of the Bank as the Trustees shall entrust to them, and to direct that the business of any existing or future agency of the Bank shall be transacted with any branch thereof, and to at will rescind or vary such direction. Every branch office of the Bank shall be an authorised office for the receipt and repayment of deposits, and for the keeping of depositors' accounts.

Power to assign duties and make orders.

5. The Trustees may give such subordinate powers and assign such duties as they may think fit to the officers, clerks, and servants of the Bank at each branch office thereof, and may make such general, special, and other orders as they shall think fit for the management, guidance, government, conduct, and information of such officers, clerks, and servants, and of the depositors, agents of Bank, and other persons who deposit money or transact business at or with any branch office of the Bank.

Payment into and withdrawal from other banks of moneys received at branch offices.

6. The words “in Adelaide,” in the fourteenth section of the amending Act are hereby repealed, and the words “ or branches thereof in the State” are substituted for them, and that section shall henceforward be read and construed accordingly; and the Trustees of the Bank may make arrangements that all moneys received at any branch office shall be paid into some other Bank, or branch thereof, approved by the Trustees, and shall be withdrawn therefrom in such a manner as shall be determined by them.

Audit of accounts of branch offices.

7. The Trustees may, from time to time, by minute of the Board, appoint some fit and proper person or persons as auditor or auditors to jointly or separately examine the accounts of each and any branch office of the Bank, and the deposit-books of the depositors whose accounts are kept at such branch. The auditor or auditors appointed as above shall report, whenever called upon to do so, to the auditors appointed under section 43 of the principal Act.

Power to receive sums of not less than One Penny, and to appoint agents for such purpose.

8. The Trustees are hereby empowered to establish in connection with the Bank a Department, to be designated “ The Penny Bank Department,” for the receipt (notwithstanding any provisions of the said Acts) by way of deposit in that Department from or for the use or benefit of any person (hereinafter called a depositor) of any sum of money of not less than One Penny, and to appoint by minute of the Board any one or more persons to be, at such place or places in the State as the Board may determine, the agent or agents of the Bank for the receipt and repayment of such deposits, and to revoke by minute any such appointments, and to make such rules as they may think fit for the guidance and control of the agents and depositors, and for the proper conduct of such Department.

es in the pace the receipt dinointments, an

Trustees may close branches or agencies.

9. The Trustees may at any time close

(a) Any branch of the Bank:
(6) The Penny Bank Department, or any agency thereof.

10. Notwithstanding

The Savings Bank Branches Act.—1907.

10. Notwithstanding any provisions of the said Acts, the Trustees Repayments. may repay to any depositor in “ The Penny Bank Department” the whole or any portion of the moneys received by way of deposit from him or for his use or benefit: Provided that such depositor shall sign his name to a form provided by the Trustees for the withdrawal of such deposit or portion thereof.

s. 12.

11. The Trustees may enter into arrangements with any Savings Transfer of deposits

from or to other Bank authority in the United Kingdom of Great Britain and Ireland, or in any State of the Commonwealth, or in any other British

Cf. 4 Edw. VII., c. 8, possession, or in any other country(a) For the transfer, on such terms and conditions as may be

prescribed, of any money standing in the books of such a
Savings Bank to the credit of depositors therein from it to
“ the Bank” or from “ the Bank” to such a Savings
Bank:
r the payment, on such terms and conditions as may be
prescribed, of any money standing in the books of such a
Savings Bank to the credit of depositors therein to them
through the agency of “the Bank,” and for the payment,
on such terms and conditions as may be prescribed, of any
money standing in the books of “the Bank” to the credit
of depositors therein to them through the agency of such a
Savings Bank.

conditione Bank, Ositors +

12. The Trustees may, whenever necessary, appropriate from the Application of Reserve Fund such sum or sums of money as may be requisite for

may be requisita fon Reserve l'und

OL towards depreciation. the purpose of meeting depreciations in investments.

13. In addition to the societies, trades unions, and employers' Deposits by unions, corporations, and councils authorised by the amending Act unregistered bodies. to deposit moneys with the Trustees of the Bank, it shall be lawful for all trades unions and employers' unions, whether legally registered or not, to so deposit the moneys of such trades unions and employers' unions subject to the same conditions as apply to the ordinary depositors of the Bank.

In the name and on behalf of His Majesty, I hereby assent to this Bill.

GEORGE R. LE HUNTE, Governor.

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EDWARDI VIL REGIS.

A.D. 1907.

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No. 926.
An Act to amend Ordinance No. 4 of 1843, intituled “ An

Ordinance appointing the Fees to be taken by
Magistrates in South Australia,” and for other
purposes.

[Assented to, December 12th, 1907.] DE it Enacted by the Governor of the State of South Australia,

D with the advice and consent of the Parliament thereof, as follows:

1. This Act may be cited as “ The Magistrates Fees Amendment Short title and Act, 1907," and shall be read and incorporated with Ordinance No. incorporation. 4 of 1843.

2. Notwithstanding any of the provisions of the said Ordinance, Indemnity for not

Lotion of the Poon taking fees nor no person who is or has been a Magistrate or Justice of the Peace,

Os making returns. nor his executors or administrators, shall be liable to any process, penalty, or action whatever in respect of any omission by any such Magistrate or Justice of the Peace, whether before or after the passing of this Act, to demand, receive, or take any of the fees referred to in the Schedule A of the said Ordinance, nor in respect of any omission by any such Magistrate or Justice of the Peace before the passing of this Act to make any such return as is referred to in section 3 of the said Ordinance.

3. Section 1 of the said Ordinance is hereby amended by omit. Amendment. ting therefrom the words “ shall and ” before the words “may Fees discretionary. demand, receive, and take.”

4. Section 3 of the said Ordinance is hereby amended by adding Amendment. at the end thereof the words “ Provided, however, that this section No return necessary if

shall no fees taken.

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