106

38  &  39  Vict.  Cap.  60,  s.  30.

ment  by  him  -within  a  reasonable  time,  not  being  less  than
fourteen  days,  and  at  a  place,  to  be  specified  in  such  notice,
his  interest  or  benefit  will  be  forfeited,  and  after  default  has
been  made  by  him  in  paying  his  contribution  in  accordance
with  such  notice.
(3.)  No  transfers  loithout  ivritten  consent.—No  member  of
or  person  insured  with  any  society  [or  branch]  can,  unless
in  the  case  of  an  amalgamation,  transfer  of  engagements,  or
conversion  into  a  company  under  section  twenty-four  of
this  Act,  or  as  respects  an  industrial  assurance  company  of
an  amalgamation  or  transfer  of  business  under  the  Life
Assurance  Companies  Act,  1870  (a),  become  or  be  made  a
member  of,  or  be  insured  with  any  other  society  [or  branch]
without  Ills  written  consent,  or,  in  the  case  of  an  infant,
without  that  of  his  father  or  other  guardian  ;  and  the
society  [or  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  branch]  from  which  he
is  sought  to  be  transferred.
The  provisions  of  this  sub-section  shall  apply  to  all
friendly  societies,  whether  registered  under  this  Act  or
unregistered,  and  industrial  assurance  companies  receiving
contributions  by  means  of  collectors.
(4.)  No  collector  to  be  member  of  committee  of  management.
—No  collector,  whilst  he  is  such,  is  capable  of  being  a
member  of  the  committee  of  management,  or  other  governing ­
  body  (by  whatever  name)  of  the  society  [or  branch],  or
of  holding  any  other  office  in  the  society  [or  branch],  except
that  of  superintending  collectors  within  an  area  to  be  from
time  to  time  specified.
(5.)  Collectors  not  to  vote.—  No  collector  of  a  society  [or
branch]  is  capable  of  voting  at  or  taking  part  in  the  proceedings ­
  of  any  meeting  of  the  same.

(a)  By  this  Act  (33  &  34  Vict.  c.  61,  s.  14),  the  sanction  of
the  Court  of  Chancery  is  necessary  to  an  amalgamation  or
transfer  of  business  of  a  life  insurance  company.