Other formats

    Adobe Portable Document Format file (facsimile images)   TEI XML file   ePub eBook file  

Connect

    mail icontwitter iconBlogspot iconrss icon

The Pamphlet Collection of Sir Robert Stout: Volume 45

Schedule II. Matters to be Provided for by the Rules of Societies Registered Under This Act

Schedule II. Matters to be Provided for by the Rules of Societies Registered Under This Act.

1.The name ana place of office of the society.
2.The whole of the objects for which the society is to be established, the purposes for which the funds thereof shall be applicable, the terms of admission of members, the conditions under which any member may become entitled to any benefit, assured thereby, and the fines and forfeitures to be imposed on any member.
3.The mode of holding meetings and right of voting, and the manner of making, altering, or rescinding rules.
4.The appointment and removal of a committee of management (by whatever name), of a treasurer and other officers, and of trustees, and, in the case of a society with branches, the composition of the central body, and the conditions under which a branch may secede from the society.
5.The investment of the funds, the keeping of the accounts, and the audit of the same once a year at least.
6.Annual returns to the Registrar of the receipts, funds, effects and expenditure and number of members of the society.
7.The inspection of the books of the society by every person having an interest in the funds of the society.
8.The manner In which disputes between the society and any of its members, or any person claiming through a member or under the rules, shall be settled.
9.In case of dividing societies, a provision for meeting all claims upon the society existing at the time of division before any such division takes place.
page 49
And also in the case of friendly and cattle insurance societies—
1.The keeping separate accounts of all moneys received or paid on account of every particular fund or benefit assured for which a separate table of contributions payable shall have been adopted, and the keeping separate accounts of the expenses of management, and of all contributions on account thereof.
2.(Except as to cattle insurance societies) returns every five years to the Registrar of the sickness and mortality of the society.
3.(Except as to cattle insurance societies) a valuation once at least in every five years of the assets and liabilities of the society, including the estimated risks and contributions.
4.The voluntary dissolution of the society by consent of not less than five sixths in value of the members, and of every person for the time being entitled to any benefit from the funds of the society, unless his claim be first satisfied or adequately provided for.
5.The right of one-fifth of the total number of members, or of one hundred members in the case of a society of one thousand members and not exceeding ten thousand, or of five hundred members in the case of a society of more than ten thousand members, to apply to the Registrar for an investigation of the affairs of the society, or for winding up the same.