Social Comptabilism / The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of Belgium

by Ernest Solvay; Hector Denis

The determinations of §§ 2 to 10 of the present Law apply from the time it comes into operation, also to deposits paid in before that time to the Orders' (Cheque and Clearing) Service of the Post Office Savings Bank.

§ 12.

With the execution of this Law which comes into operation from the date of its publication, together with the partially altered Law of May 28^th 1882 (R. G. Bl. N^o 56) My Minister of Commerce and My Minister of Finance are charged.

III
Ordinance of the Ministry of Commerce

in agreement with the Ministry of the Interior and with the Finance Ministry, November 22^nd 1887, by which on the basis of the Law of November 19^th 1887 (R. G. Bl. N^o 133) Regulations with reference to the Orders' (Cheque and Clearing) Service in the Post Office Savings Bank are issued.

In carrying out the Law of November 19^th 1887 (R. G. Bl. N^o 133) by which alterations were made in the Law of May 28^th 1882 (R. G. Bl. N^o 56), and determinations with regard to the Orders' (Cheque and Clearing) Service in the Post Office Savings Bank, the Ministry of Commerce in agreement with the Ministry of the Interior and the Finance Ministry ordains as follows:

A.—Savings Service.

§ 1.

The highest point of the rate of interest, according to the determination of the Special Council of the Post Office Savings Bank, is to be fixed at three per cent per annum.