S.L. 575.1 Art. 13Indemnity of Government and officers.

(1) The Accountant General and any person acting under his authority shall not be liable in respect of any payment duly made or act duly in accordance with the provisions of these regulations and any such payment shall, subject to the provisions of these regulations concerning the rights of third parties, be deemed to have been a valid payment, and the receipt by the person to whom the money was paid shall be a full discharge to the Accountant General for the such payment.

(2) Where any payment in respect of Retail Savings Bonds is issued to an individual who is neither the holder nor a person otherwise entitled by or under these regulations to receive such payment, then if it is shown that -

(a) the payment was issued in good faith and without negligence, and

(b) the issue of the payment to that individual or person is attributable to some act or omission on the part of the holder or of the individual or person otherwise entitled to receive payment, the payment shall, saving the provisions of these regulations concerning the rights of third parties, be deemed to have been duly issued to the holder or to the individual entitled to receive payment.

(3) The Accountant General shall not be liable for any delay in the completion of any payment if the delay is outside the direct control of the Treasury Department.