240
MODEL RULES.
contributions receivable by tlie society, and to its funds and
effects, debts and credits, as the registrar may from time to
time require.
XIII.—Inspection of Books.
1. The books and accounts of the society shall be open to
the inspection of any member or person having an interest
in the funds of the society at all reasonable hours, at the
registered office of the society, or at any place where the
same are kept [except (a) that no such member or person,
unless he be an officer of the society, or be specially autho
rised by a resolution of the society to do so, shall have the
right to inspect the loan or deposit account of any other
member without the written consent of such member], and
it shall be the duty of the secretary to produce the same.—
Friendly Societies Act, 1875, s. 14(1 g).
2. It shall be the duty of the committee of management
to keep a copy of the last annual balance sheet of the society
for the time being, together with the report of the auditors,
if any, and of the last quinquennial valuation for the time
being, always hung up in a conspicuous place at the regis
tered office of the society.—Friendly Societies Act, 1875,.
s. 14 (1 i).
XIIIc*.—Dividing Societies.
If the society is a dividing one, a rule should he inserted'
stating when and how the division is to he made, and that—
It shall be the duty of the committee of management to
see that all claims upon the society existing at the time of
any division of the funds thereof are met and provided for
before any such division takes place.—Friendly Societies
Act, 1875, s. 11 (4).
XIY.—Investment of Funds, Holding of Land, <&c.
1. So much of the funds of the society as may not be
wanted for immediate use, or to meet the usual accruing
liabilities, shall, with the consent of the committee of
management, or a majority of the members of a society
present and entitled to vote at a general meeting, be invested
by the trustees in such of the following ways as such com*
mittee or general meeting shall direct : namely, in any
savings bank certified under the Act of 1863, or post office
(a) If the society does not grant loans to members, the words-
in brackets to be left ont.