![PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [‎13v] (26/76)](https://iiif.qdl.qa/iiif/images/81055/vdc_100000000466.0x0002a5/IOR_L_PS_12_290_0026.jp2/full/!1200,1200/0/default.jpg "PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [‎13v] (26/76)")
PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [13v] (26/76)
The record is made up of 1 file (36 folios). It was created in 16 May 1939-18 Aug 1941. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
Service and paid to the Trustees until the total of such contribution
shall have been paid.
Conversion of Members’ Contributions to Pounds Sterling
7. The regular and additional contributions of a Member to the
Fund under Rules 5 and 6 above, which are withheld by the Company
in
Rupees
Indian silver coin also widely used in the Persian Gulf.
from the Member’s Salary, shall he converted by the
Company into equivalent amounts of Pounds Sterling at the Bahrein
Bank’s selling rate of exchange for sight drafts on London on the
day on which such contributions are withheld, and the Company shall
pay to the Fund as the Member’s contributions such equivalent
amounts of Pounds Sterling.
Company’s Contributions
8. The Company shall each month during the period this Plan is
in effect contribute to the Fund for the credit of each Member an
amount equal to that contributed by the Member for that month
under Rules 5 and 6 above, subject to;—(a) the credits to be allowed
to the Company under Rule 12 (d) below, and (b) the right of the
Company at any time to discontinue contributions under this Plan for
any period during which, in the opinion of its Board of Directors,
the profits from the Company’s operations do not warrant the making
of such contributions; provided that, if the Company should at any
time discontinue its contributions for any period under this Rule
8 (b), it shall give written notice of such discontinuance to the
Trustees and all the Members, and any Member may by written
notice to the Company discontinue his contributions for the same
period.
Members’ “A” and “B” Accounts
9. Two separate accounts for each Member shall be kept on the
books of the Trustees. Each Member’s contributions under Rules
5 and 6 above shall be credited to an account to be known as such
Member s A account. The Company’s contributions for each
Member under Rule 8 above shall be credited to an account to be
known as such Member’s “B” account.
[4]
About this item
- Content
This file contains two Bahrain Petroleum Company Limited (BAPCO) booklets: 'The Pound Sterling Thrift Plan and Life Insurance Benefit Plan' and 'The US Dollar Thrift Plan and Life Insurance Benefit Plan' (both effective from 1 July 1939), as well as an 'Addendum to Trust Agreement and Rules of The Pound Sterling Thrift Plan of the Bahrain Petroleum Company Limited'. These documents were sent to John Percival Gibson, Principal of the Political Department for the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. , at the time of publication. The file also contains correspondence between Roland Tennyson Peel, the Assistant Secretary for the Political (External) Department in the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. , and BAPCO in 1941 regarding changes to the plans, with BAPCO seeking governmental approval over the proposed amendments.
- Extent and format
- 1 file (36 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the file.
- Physical characteristics
Foliation: the foliation sequence for this description commences at the front cover with 1, and terminates at inside back cover with 38; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.
Pagination: there is an original pagination system between ff 12-20 and ff 26-34.
- Written in
- English in Latin script View the complete information for this record
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PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [13v] (26/76), British Library: India Office Records and Private Papers, IOR/L/PS/12/290, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100033111018.0x00001b> [accessed 20 April 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/290
- Title
- PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.'
- Pages
- 2r:2v, 5r:5v, 8r:37v
- Author
- Bahrain Petroleum Company (BAPCO)
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.