Social Comptabilism: The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of BelgiumSolvay, Ernest
General
Social Comptabilism: The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of Belgium
Solvay, Ernest
Postal savings banks; Postal savings banks -- Austria
The determinations of §§ 2 to 10 of the present Law apply from the time
it comes into operation, also to deposits paid in before that time to
the Orders' (Cheque and Clearing) Service of the Post Office Savings
Bank.
§ 12.
With the execution of this Law which comes into operation from the date
of its publication, together with the partially altered Law of May
28^{th} 1882 (R. G. Bl. N^o 56) My Minister of Commerce and My Minister
of Finance are charged.
III
Ordinance of the Ministry of Commerce
_in agreement with the Ministry of the Interior and with the
Finance Ministry, November 22^{nd} 1887, by which on the
basis of the Law of November 19^{th} 1887 (R. G. Bl. N^o 133)
Regulations with reference to the Orders' (Cheque and Clearing)
Service in the Post Office Savings Bank are issued._
In carrying out the Law of November 19^{th} 1887 (R. G. Bl. N^o 133)
by which alterations were made in the Law of May 28^{th} 1882 (R. G.
Bl. N^o 56), and determinations with regard to the Orders' (Cheque and
Clearing) Service in the Post Office Savings Bank, the Ministry of
Commerce in agreement with the Ministry of the Interior and the Finance
Ministry ordains as follows:
A.--_Savings Service._
§ 1.
The highest point of the rate of interest, according to the
determination of the Special Council of the Post Office Savings Bank,
is to be fixed at _three_ per cent per annum.
§ 2.
Whoever pays the first deposit in favour of another--of the Depositor
and signs the deposit-book in this name, is to be called the Payer.
The Depositor is at any time entitled without the intervention of the
Payer to appear at a Receiving Office and to have his own signature
accepted.
As long as the Depositor has not exercised this right, the Post Office
Savings Bank will consider the Payer as authorised in the name of
the Depositor to dispose of the balance in his favour, unless the
Post Office Savings Bank has been made aware that it is against the
depositor's will.
§ 3.
Until further notice Repayments may be made of sums up to 20 florins,
immediately upon notice of recall, by duly authorised Receiving
Offices, without previous assignment from the Post Office Savings Bank.
§ 4.
Business regulations which have been made by the Post Office Savings
Bank not in present agreement with the arrangements of articles 5, 6,
7, 8 and 13 of the Law of November 19^{th} 1887 (R. G. Bl. N^o 133) in
relation with §§ 2 and 3 of the present Ordinance are out of force.
B.--_Orders' (Cheque and Clearing) Service._
§ 5.
In carrying out § 2 of the Law of November 19^{th} 1887 (R. G. Bl. N^o
133), the Orders' (Cheque and Clearing) Service of the Post Office
Savings Bank is to be regulated by the rules existing with reference
to them in the Post Office Savings Bank applied in such a manner
as the alterations of the aforesaid Law as well as the following
determinations render necessary.
§ 6.
Public-domain text, read in full here on John Shaqi.
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