Encashment of military-held certificates allows commanding officers to requisition payment despite existing nominations. A commanding officer or committee may requisition the post office to pay the amount due on a National Savings Certificate when its holder, subject to the Army Act, Air Force Act, or Navy Act, dies or deserts; the post office officer must comply even if a nomination in favour of another person exists, and the requisition must be made under the disposal provisions applicable to the holder's service branch.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Encashment of military-held certificates allows commanding officers to requisition payment despite existing nominations.
A commanding officer or committee may requisition the post office to pay the amount due on a National Savings Certificate when its holder, subject to the Army Act, Air Force Act, or Navy Act, dies or deserts; the post office officer must comply even if a nomination in favour of another person exists, and the requisition must be made under the disposal provisions applicable to the holder's service branch.
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