74
38 & 39 Vict. Cap. 60, s. 15.
branch] in preference to any other debts or claims against
the estate of such officer.
Bankruptcy or insolvency in the present section includes
liquidation of a debtor’s affairs by arrangement in England,
cessio bonorum of a debtor in Scotland, and a petition for
arrangement with creditors in Ireland; and a trustee in
bankruptcy or insolvency includes an assignee in Ireland
and a judicial factor in Scotland (a).
(8.) Membership of minors.—A person under the ago of
twenty-one, but above the age of sixteen, may be a mem
ber of a society, unless provision be made in the rules
thereof to the contrary, and may, subject to the rules of
the society, enjoy all the rights of a member (except as
herein provided), and execute all instruments and give all
acquittances necessary to be executed or given under the
rules, but shall not be a member of the committee of
management, trustee, manager or treasurer of the so
ciety (b).
Provided as follows :—
(a.) Societies and branches, consisting wholly of mem
bers of any age under sixteen years, but exceed
ing three years, may be allowed to register under
this Act, subject to such regulations as may be
made in that behalf;
(b.) No rule or practice in force at the commencement
of this Act for the admission of members under
sixteen years of age shall be deemed contrary to-
any express provision of this Act as respects any
society already registered (c).
(а) This is a restoration or confirmation of the priorities,
against the estates of officers, given by 18 & 19 Vict. c. 63, s. 23,
which, in the case of bankruptcy, had been considered to be
abolished by the Bankruptcy Act, 1869. But see Re Keyworth y
in the 8th edition of this work, pp. 23, 240. See also Appendix.
(б) This is founded on the 18 & 19 Vict. c. 63, s. 15, but the
minimum of sixteen years is new. See Treasury regulations
19, 20.
(e) These provisions are new.