Birmingham Municipal Bank Regulations, 1957
Commencement Date: April 1st 1957
Additional Regulations were added, following
Regulation 93, as Supplemental Regulations in respect of the new No 2 Department.
Regulation 36 (Limitation on the Amount of
Annual Deposits and on Deposits in the Aggregate) was extended to include an additional section:
(5) In computing
for the purpose of this Regulation the amount standing to the credit of any person in Depositors' Department No 1, whether solely
or jointly with any other person, there shall not be taken into account deposits standing to the credit of any person either
solely or jointly in Depositors' Department No 2.
Regulation 67 (Estate, Succession and Legacy Duties) replaced and now entitled
Death Duties
Birmingham Municipal Bank Regulations, 1960
Commencement Date: June 14th 1960
By Regulation 36 (Limitation on
the Amount of Annual Deposits and on Deposits in the Aggregate) the maximum limit for No 1 Department Deposits was increased from
£3,000 to £5,000, and the constraints of which were also simplified to the extent that the number of clauses and sub-clauses were
reduced from 14 to 7.
The annual deposit limit of £500 for No 1 Department Deposits was suspended and an increased maximum limit
for the No 2 Department Deposits was increased from £1,000 to £2,000.
The amount withdrawable on demand was increased from £30
to £50.
Birmingham Municipal Bank Regulations, 1965
Increased the Rate of Interest on No 1 Department Deposits to 3% (Regulation
39 (2))
Birmingham Municipal Bank Regulations, 1966
Presumably, these Regulations related to the introduction of the No
3 (Investment) Department on January 1st 1967
Birmingham Municipal Bank (Current Account) Regulations, 1967
These Regulations
related to the introduction of Cheque Accounts in July 1967
Birmingham Municipal Bank Regulations, 1970
Commencement Date:October 1st 1970
A complete re-write of the Regulations as specified by Clause (2):
The Birmingham Municipal Bank Regulations
1930, 1932, 1941, 1946, 1947, 1949,1952, 1957, 1957 (No 2), 1960, 1965 and 1966, the Birmingham Municipal Bank (Procedure) Regulations
1946, and the Birmingham Municipal Bank (Current Account) Regulations1967 are hereby revoked, without prejudice nevertheless to anything
done or proceedings taken in pursuance of such regulations.
These were to be the last issue of regulations for the Birmingham Municipal Bank, which ceased on March 31st 1976. Its successor, the Birmingham Municipal Trustee Savings Bank being regulated under the Trustee Savings Bank Act, 1976.