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VALUATION.
14. The valuer shall make his valuation and furnish to
the society the report and abstract of valuation required by
-sect. 14 (1,/) of the “ Friendly Societies Act, 1875,” within
three calendar months after the necessary particulars have
been supplied to him, unless there be just and sufficient
reason for any delay.
15. If in consequence of the large number of valuations
under the Act which are submitted to him, a public valuer
is unable to complete any such valuation within the time
-above specified, he may transfer such valuation to another
.public valuer upon the same terms and conditions.
16. When the benefits to be valued do not exceed two
-classes of sick allowance and deferred annuities, together
with sums payable on the deaths of members and of their
wives, the scales of payment to public valuers shall be as
■follows:—
£ s. d.
For societies—
consisting of not more than 75 members - 3 3 0
For societies with over—
75 members and not exceeding lOOmembers 4 4 0
100
V
99
150
99
5
5
0
150
99
99
200
99
6
6
0
200
99
99
300
99
7
7
0
300
99
99
400
99
8
8
0
400
99
99
500
99
9
9
0
500
99
99
600
99
10
10
0
600
99
99
750
99
12
12
0
750
99
99
1,000
99
15
15
0
With a further 51. 5s. for every 500 members, or portion
thereof, beyond the total amount of members not exceeding
2,500. Beyond 2,500 members the fee to be a matter of
special arrangement, as well as in all cases where the
number of benefits exceeds that above mentioned.
Valuers may accept valuations on terms lower than those
■of the above scale.
Valuers must take such steps as they think fit for
obtaining payment of their fees.
