140 
APPENDIX K. 
list of loanholders and the amount of their loans outstanding. It shall 
also state up to what date interest and dividend are included. It shall 
also give a separate account of the Non-members’ Provident Fund, and 
state clearly that such fund is held in trust and is not an asset of the 
society. 
XII. General Buie 86.—The seal of the society shall have the device of 
a coin and the name of the society around. 
XIII. General Buie 82 is not adopted. 
XIV. General Buies 90, 91, and 92 are not adopted. 
XV. General Buie 96.—Fines shall be carried to the Common Fund. 
XVI. General Buie 111.;—-The profit and loss of the society shall be 
calculated annually, and at the same time the investments of the society 
shall be valued by the committee. Any deficiency in the value so set 
upon such investments as compared with their nominal value shall be 
treated as a loss by the society for that year, and any surplus above such 
nominal value shall be put to Reserve Fund until that fund reaches the 
limit specified in Section (2) of Special Rule XVII.; and any further 
surplus shall be treated as profit for the year. 
XVII. General Buie 112.—Sections 2, 3, 4, and 6 of General Rule 112 
are not adopted. Interest on shares shall be at the rate of 5 per cent, 
per annum whenever the profits of the society, after extinguishing any 
adverse balance and providing for General Rule 112 (1) and (5), suffice to 
pay such interest. Any surplus profit shall be applied as follows; — 
(1) In paying the employees of the society a dividend upon the wages 
or salaries received from the society during the year at the 
same rate as the dividend on wages declared by the company 
for the period in question. 
(2) If any surplus still remains, in forming a Reserve Fund, until 
such fund shall equal 25 per cent, of the nominal value of the 
society’s investments for the time being. Such fund shall he 
applicable by resolution of any general meeting on a recom 
mendation of the committee to meet any contingency affecting 
the society or for any other purpose, whether within the objects 
of the society or not, other than the payment of interest on 
shares, provided that notice of every such recommendation be 
given to every member not less than six clear days before such 
meeting. 
(3) If any surplus still remains in paying any arrears of interest on 
shares which in any previous year have not received 5 per cent., 
the oldest of such arrears to be paid first. 
(4) If any surplus still remains in paying the committee for their 
services according to any scale from time to time approved by 
the general meetings; and 
(5.) If any surplus still remains in paying in cash a further dividend 
on shares for the year. 
XVIII. General Buie 117.—(a) Where the Dispute is between the legal 
personal representative or the nominee of a deceased member and the 
society, and the question at issue is, who is entitled to the whole or any 
portion of the property of such deceased member in the society, and either 
claimant applies to the society for arbitration, the secretary of the society 
shall give to each claimant notice in writing, fixing a day and hour for 
the parties to attend at the society’s registered office for the selection of 
arbitrators, in the mode set out in clause 2 of General Rule 117, by such 
of the claimants as attend. 
(6) When the Arbitrators have made their award on any dispute they 
shall send a copy of the award to the secretary of the society. 
(c) The Arbitration Act, 1889, or any Act amending the same, shall 
not apply to any arbitration under this rule.