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The Pamphlet Collection of Sir Robert Stout: Volume 45
Proviso as to friendly societies
Proviso as to friendly societies.
| (a.) | No special resolution by any society for any amalgamation or transfer of engagements under this section is valid unless five-sixths in value to be calculated as for dissolution of the members assent thereto either at the meetings at which such resolution is passed and confirm, or one of them, or in writing, if such members were not present thereat, nor without the written consent of every person for the time being receiving, or entitled to any relief, annuity, or other benefit from the funds of the society, unless the claim of such person be first duly satisfied, or adequate provision be made for satisfying such claim: |
| (b.) | The provisions hereinafter contained in case of dissolution as to the punishment of officers and the remedy of members or persons dissatisfied with the provision made for satisfying their claims, shall apply to the case of amalgamation and transfer of engagements: |
| (c.) | Upon application of the trustees or committee of management of a society desiring to amalgamate or transfer its engagements, notice of such application being published in the Gazette, the Registrar, after hearing such trustees or committee of management and any other persons whom he considers entitled to be heard upon the application, may, with the consent of the Governor, order that any of the consents and con-
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ditions prescribed in this Act, or in any regulations made under this Act, be dispensed with, and may confirm the amalgamation or transfer: |
| (d.) | This section shall not apply to branches.* |
* See "Amendment Act, 1878, clause 9.