(1) In this section -

"banker" means a person who carries on banking business in the State and includes a friendly society, an industrial and provident society, a building society, the Post Office Savings Bank, a trustee savings bank and any person with whom money is lodged or deposited;

"pay" includes transfer in the books of a banker and any dealings with any moneys which were lodged or deposited in the name of a person who died after the time of the lodgment or deposit and any other person or persons;

"current account" means an account which is customarily operated on by means of a cheque or banker's order;

"banking business" has the meaning assigned to it by section 2 of the Central Bank Act 1971;

references to moneys lodged or deposited include references to shares of a building society, friendly society or industrial and provident society.