The receiving office (Post Office) in which a first deposit is made,
gives to the party who makes the deposit, a deposit book, in which
each amount paid in, each amount paid back and the interest added to
the capital is to be entered. Each subsequent payment can be made in
any receiving office (Post Office), the amount being entered in the
deposit book.
That person is to be considered the depositor on whose behalf the
deposit is made.
The deposit-book is to be delivered gratuitously and is stamp free.
The Post Office Savings Bank will open an account for each depositor.