The Bank may assign and/or transfer all or any of its rights, benefits and obligations under these General Terms and Conditions and/or under any specific Terms and Conditions, to any person at any time.

Interpretation

a) The expression the “Customer’ and/or “person” shall include any natural person, firm, partnership, incorporate or corporate body, state, state agency, governmental authority in whatever name of style and when there are two or more included in the expression the “Customer’’ and/or “person’ such expression shall include either one of such persons severally and/or all or both of them jointly.

b) References to words denoting the singular number shall include the plural and vice versa and reference to the masculine gender includes a reference to the feminine gender and neuter and vice versa;

c) Any obligation imposed by or resulting from the execution of these General Terms and Conditions which is undertaken by more than one person shall be a joint and several obligation of each of the persons who has undertaken it whether as principal, guarantor, indemnifier, surety or otherwise; and

d) Each of the provisions of these Terms and Conditions is severable and distinct from others. If at any time any of the Terms or Conditions hereof is or becomes illegal, invalid or unenforceable in any respect neither the Legality, Validity, nor enforceability of the remaining Terms and Conditions hereof shall in any way be affected or impaired thereby.

Variation/Amendments

a) The Bank may vary these General Terms and Conditions, any Specific Terms and Conditions and/or the Bank’s Tariff (either in whole or in part) at any time. Notification of any such variation shall be given to the Customer either in writing or by publication thereof by such means as the Bank may decide and a variation so affected shall be binding on the Customer; and

b) The Bank may introduce a new type of Account for which Specific Terms and Conditions shall apply. Where there is any conflict between these General Terms and Conditions and any Specific Terms and Conditions, the Specific Terms and Conditions shall apply