Rechtsbibliothek und Fallanalyse · Österreich · Belgien · Europäische Union
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Cap. 223 · cap/223 (Cap. 223)

Cap. 223 Art. 16Where valid discharge cannot be obtained.

In KraftAmtlicher Text

Where the Bank is unable, for any reason, to obtain a valid discharge for any payment falling to be made to any person in respect of a bond, it may, unless otherwise provided by or under this Act, open an account in the Government Savings Bank for the benefit of the person to whom payment appears to be due and may, until payment can be effected to the said person or until a valid payment can otherwise be made, retain the amount due in the said account.