Post Office Monthly Income Account rules amended to define depositor and deposit, including guardians depositing for minors. The amendment substitutes rule 2(c) to define deposit as money deposited by a depositor in an account under the rules, and defines depositor as an individual who deposits on his own behalf or on behalf of a minor or a person of unsound mind of whom he is guardian; the amendment takes effect on publication in the Official Gazette under the enabling statutory power.
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Post Office Monthly Income Account rules amended to define depositor and deposit, including guardians depositing for minors.
The amendment substitutes rule 2(c) to define deposit as money deposited by a depositor in an account under the rules, and defines depositor as an individual who deposits on his own behalf or on behalf of a minor or a person of unsound mind of whom he is guardian; the amendment takes effect on publication in the Official Gazette under the enabling statutory power.
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