School Committees’ Funds Act 1903

Public Act		1903 No 60
Date of assent		20 November 1903

	Title
	Preamble.
1	Short Title.
2	Funds may be operated on through the Post-Office Savings-Bank.
3	Regulations.

An Act to enable the Funds belonging to School Committees to be operated on through the Post-Office Savings-Bank.

Preamble.

WHEREAS it is expedient to make provision to enable School Committees to deal with their funds through the Post-Office Savings-Bank:

Be it therefore enacted by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—

1 Short Title.

The Short Title of this Act is “The School Committees’ Funds Act, 1903.”

2 Funds may be operated on through the Post-Office Savings-Bank.

Notwithstanding anything in “The Education Act, 1877,” School Committees may lodge the School Fund in the Post-Office Savings-Bank; and no moneys shall be drawn out of such Savings-Bank except by authority of the Committee contained in a written order signed by the Chairman and one other member of the Committee, such written order to be presented to the Postmaster on withdrawal of any moneys by the Committee.

3 Regulations.

The Governor may from time to time, by Order in Council gazetted, make regulations for carrying the provisions of this Act into effect.

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School Committees’ Funds Act 1903