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Payments from Central Fund to Post Office Savings Bank Fund.
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119.—(1) Where it appears to the Minister for Finance that the amount of interest accrued during any year of account (whether ending before or after the passing of this Act) from the securities standing to the credit of the Post Office Savings Bank Fund during that year was less than the amount of interest paid or credited to depositors during that year in pursuance of the Acts relating to the Post Office Savings Bank and the expenses incurred in that year in the execution of those Acts, the Minister for Finance may cause to be paid out of the Central Fund or the growing produce thereof to the Post Office Savings Bank Fund, at such times as he may determine, an amount not exceeding the amount of the deficiency.
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(2) Where it appears to the Minister for Finance that the Post Office Savings Bank Fund is insufficient to meet the claims of all depositors with the Post Office Savings Bank, the Minister for Finance may cause to be paid out of the Central Fund or the growing produce thereof to the Post Office Savings Bank Fund, at such times as he may determine, an amount not exceeding the amount of the deficiency.
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