INTRODUCTION.

31

inspection  of  books,  and  settlement  of  disputes.
Alterations  of  rules  are  not  valid  until  registered.
Every  person  is  entitled  to  a  copy  of  the  rules  of
a  society  on  payment  of  Is.;  and  the  delivery  of
untrue  rules  is  a  misdemeanor.
56.  Every  registered  society  has  the  following
duties  and  obligations  -
1.  The  having  a  registered  office.
2.  The  appointment  of  trustees.
3.  The  audit  of  accounts.
4.  The  sending  annual  returns  to  the  Registrar.
5.  The  allowing  members  or  others  interested
to  inspect  the  books.
6.  The  supplying  a  copy  of  the  annual  return
gratuitously  to  every  member  or  person
interested.
Every  registered  society  neglecting  any  of  these
duties  is  guilty  of  an  offence  under  the  Act,  and
every  officer  or  member  of  the  committee  party  to
such  neglect  commits  a  like  offence,  and  every
offence  constitutes  a  new  offence  in  every  week
during  which  it  continues.  This  is  an  important
provision,  as  it  renders  an  offence  punishable  even
though  six  months  have  elapsed  from  the  date  at
which  it  was  first  committed.
57.  Every  registered  society  has  the  following
privileges:—
1.  Exemption  from  the  penalties  of  the  corresponding ­
  Societies  Acts.
2.  Exemption  from  stamp  duty.
3.  Transfer  of  stock  by  order  of  the  Registrar.