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  authorised ­
  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  registered ­
  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  wordsin
  brackets  to  be  left  ont.