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The Pamphlet Collection of Sir Robert Stout: Volume 45

No transfers without written consent

No transfers without written consent.

(3.) No member of or person insured with any society or registered branch can, unless in the case of an amalgamation, transfer of engagements, or conversion into a company under section twenty-two of this Act, or as respects an industrial assurance company of an amalgamation or transfer of business under "The Life Assurance Companies Act, 1873," become or be made a member of or be insured with any other society or registered branch without his written consent, or, in the case of an infant, without that of his father or other guardian; and the society or registered branch to which such member or person is sought to be transferred shall, within seven days from his application for admission to the same, give notice thereof in writing to the society or registered branch from which he is sought to be transferred.

The provisions of this subsection shall apply to all friendly societies, whether registered under this Act or unregistered, and industrial assurance companies receiving contributions by means of collectors.