The Pamphlet Collection of Sir Robert Stout: Volume 45
Quinquennial valuations
Quinquennial valuations.
( f) Once at least in the five years next after the commencement of this Act, or the registry of the society, and so again within six months after the expiration of every five years succeeding the date of the first valuation under this Act, cause its assets and liabilities to be valued by a valuer to be appointed by the society and approved of by the Governor, and such valuer shall send to the Registrar a report on the condition of the society, and an abstract to be made by him of the results of his valuation, together with a return containing such information with respect to the benefits assured and contributions receivable by the society, and of its funds and effects, debts and credits, as the Registrar may from time to time require, and the Registrar shall send to the society a copy of the valuer's report, and an abstract of the results of his valuation: *
* See "Amendment Act, 1878," clauses 5 and 7.