Section 27
Security of Government
of Post Office Savings Bank of Singapore Act
ActIn forceProvision 39 of 52
Section 27
The repayment of all moneys deposited in the Bank together with interest thereon is guaranteed by the Government and accordingly, if at any time the assets of the Bank shall be insufficient to pay the lawful claims of every depositor, the deficiency shall be charged and paid out of the Consolidated Fund and the Minister for Finance shall certify that deficiency to Parliament without delay. [26