Full text : The law of friendly societies, and industrial and provident societies, with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index

38  &  39  Vict.  Cap.  60,  s.  25.

95

(5.)  Registry  of  instrument  of  dissolution.—The  instrument
of  dissolution  and  all  alterations  therein  shall  he  registered
in  manner  herein  provided  for  the  registry  of  rules,  and
shall  he  binding  upon  all  the  members  of  the  society  (d).
(6.)  Notice  of  dissolution.—The  registrar  shall  cause  a
notice  of  the  dissolution  to  be  advertised  at  the  expense  of
the  society  in  the  manner  provided  by  this  Act  for  advertising ­
  an  award  of  the  registrar  for  dissolution;  and  unless ­
  within  three  months  from  the  date  of  the  Gazette  in
which  such  advertisement  appears,  a  member  or  other  person ­
  interested  in  or  having  any  claim  on  the  funds  of  the
society  commences  proceedings  to  set  aside  the  dissolution
of  the  society,  and  such  dissolution  is  set  aside  accordingly ­
  (e),  the  society  shall  be  legally  dissolved  from  the
date  of  such  advertisement,  and  the  requisite  consents  to
the  instrument  of  dissolution  shall  be  considered  to
have  been  duly  obtained  without  proof  of  the  signatures
thereto.
(7.)  Special  provisions  as  to  friendly  societies.—As  respects
friendly  societies—
(a.)  The  value  of  members  shall  be  ascertained  by  giving
one  vote  to  every  member,  and  an  additional  vote
for  every  five  years  that  he  has  been  a  member,
but  to  no  one  member  more  than  five  votes  in  the
whole:
(£>.)  No  instrument  of  dissolution  shall  direct  or  contain
any  provision  for  a  division  or  appropriation  of
the  funds  of  the  society,  or  any  part  thereof,  otherwise ­
  than  for  the  purpose  of  carrying  into  effect
the  objects  of  the  society  as  declared  in  the  rules
thereof  for  the  time  being,  unless  the  claim  of
every  member  or  person  claiming  any  relief,  an-(d)

  See  note  (a),  p.  94,  ante.
(e)  Provision  for  notice  to  the  central  office  of  proceedings
and  orders  to  set  aside  dissolutions  is  made  by  sect.  11  of  the
Act  of  1876.  See  Treasury  regulation  69  and  Forms  AT,
A  Z.
            
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