Trustee Savings Banks Act 1863

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Trustee Savings Banks Act 1863 [a]
Act of Parliament
Coat of Arms of the United Kingdom (1837).svg
Parliament of the United Kingdom
Long title An Act to consolidate and amend the Laws relating to Savings Banks.
Citation 26 & 27 Vict. c. 87
Territorial extent 
[b]
Dates
Royal assent 28 July 1863
Commencement 20 November 1863 [c]
Repealed25 January 1955
Other legislation
Amends
Amended by
Repealed by Trustee Savings Banks Act 1954
Relates to Savings Bank (Scotland) Act 1819
Status: Repealed
Text of statute as originally enacted
Text of the Trustee Savings Banks Act 1863 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Trustee Savings Banks Act 1863 [a] (26 & 27 Vict. c. 87) was an act of the Parliament of the United Kingdom that consolidated and amended enactments related to trustee savings banks in the United Kingdom and the British Isles. [1]

Contents

Provisions

Repealed enactments

Section 1 of the act repealed 8 enactments as relates to savings banks established under those acts, listed in the schedule to the act. Section 1 of the act provided that the Savings Bank (Scotland) Act 1819 (59 Geo. 3. c. 62) would continued in force. [2]

Section 68 of the act provided that nothing in the act would repeal anything related to post office savings banks established under the Post Office Savings Bank Act 1861 (24 & 25 Vict. c. 14), or the powers of the Commissioners for the Reduction of the National Debt established under the National Debt Reduction Act 1786 (26 Geo. 3. c. 31).

CitationShort titleDescriptionExtent of repeal
9 Geo. 4. c. 92 Savings Bank Act 1828 An Act to consolidate and amend the Laws relating to Savings Banks.The whole.
3 Will. 4. c. 14 Savings Bank Act 1833 An Act to enable Depositors in Savings Banks and others to purchase Government Annuities through the Medium of Savings Banks, and to amend an Act of the Ninth Year of His late Majesty to consolidate and amend the Laws relating to Savings Banks.Sections 21, 22, 25, 28, 29, 30, 31, 32, 33, 34, and 35.
5 & 6 Will. 4. c. 57 Savings Bank Act 1835 An Act to extend to Scotland certain Provisions of an Act of the Ninth Year of His late Majesty to consolidate and amend the Laws relating to Savings Banks, and to consolidate and amend the Laws relating to Savings Banks in Scotland.The whole.
7 & 8 Vict. c. 83 Savings Bank Act 1844 An Act to amend the Laws relating to Savings Banks, and to the Purchase of Government Annuities through the Medium of Savings Banks.The whole.
11 & 12 Vict. c. 133 Savings Banks (Ireland) Act 1848 An Act to amend the Laws relating to Savings Banks in Ireland.The whole.
17 & 18 Vict. c. 50 Savings Banks and Friendly Societies Act 1854 An Act to continue an Act of the Twelfth Year of Her present Majesty for amending the Laws relating to Savings Banks in Ireland, and to authorize Friendly Societies to invest the whole of their Funds in Savings Banks.Section 2.
22 & 23 Vict. c. 53 Savings Bank (Charitable Societies) Act 1859 An Act to enable Charitable and Provident Societies and Penny Savings Banks to invest all their Proceeds in Savings Banks.The whole.
23 & 24 Vict. c. 137 National Debt Commissioners (Investments) Act 1860 An Act to make further Provision with respect to Monies received from Savings Banks and Friendly Societies.The whole.

Subsequent developments

The whole act was repealed by section 82(1) of, and the third schedule to, the Trustee Savings Banks Act 1954 (2 & 3 Eliz. 2. c. 63). Section 86(2) of that act provided that the repeal would take effect on 25 January 1955.

Notes

  1. 1 2 The citation of this act by this short title was authorised by section 1 of the Trustee Savings Banks Act 1887 (50 & 51 Vict. c. 47) as well as section 1 of, and the first schedule to, the Short Titles Act 1896. Due to the repeal of those provisions it is now authorised by section 19(2) of the Interpretation Act 1978.
  2. ↑ Section 67.
  3. ↑ Section 1.

References

  1. ↑ "Trustee Savings Banks Bill: Report on the Consolidation of the Trustees Savings Banks Acts 1954 to 1968" (PDF). Scottish Law Commission. April 1969.
  2. ↑ "Trustee Savings Banks Act 1863", legislation.gov.uk , The National Archives, Vict/26-27 c. 87
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