INTRODUCTION.

35

insufficient  to  meet  the  claims  thereon  and  the
benefits  assured,  by  award  of  the  Chief  Registrar.
66.  Any  person  wilfully  falsifying  a  balancesheet,
  contribution  book,  return,  or  other  document, ­
  is  liable  to  a  penalty  of  £50  recoverable  at
the  suit  of  a  Registrar  or  person  aggrieved.  Any
person  committing  an  offence  under  the  Act  for
which  no  other  penalty  is  provided  is  liable  to  a
penalty  of  not  less  than  £1  nor  more  than  £5,
recoverable  in  like  manner.  All  penalties  imposed
by  the  Act,  or  by  regulations  made  under  it,  or  by
a  society’s  rules  (b),  are  recoverable  in  a  Court  of
Summary  Jurisdiction.
67.  If,  by  the  rules  of  a  Friendly  Society,  a
medical  man  is  to  be  appointed,  he  must,  by
section  36  of  21  &  22  Viet.  c.  90,  be  duly  registered ­
  under  that  Act.
68.  A  Friendly  Society  (c)  is  exempt  from  payment ­
  of  income  tax  upon  its  stocks,  dividends,
and  interest  chargeable  under  Sched.  C.  of  the
5  &  6  Viet.  c.  35,  as  well  as  upon  its  interest  and
other  profits  and  gains  chargeable  under  Sched.
D.  When  the  property  is  invested  in  the  public
securities  in  the  Bank  of  England,  the  exemption
must  be  claimed  and  proved  by  a  trustee,  or  the
treasurer,  or  any  member,  before  the  commissioners ­
  for  special  purposes.  A  member  of  a

(6)  From  this  it  seems  to  follow  that  while  contributions
payable  under  the  rules  of  a  Friendly  Society,  being  voluntary, ­
  are  not  recoverable,  penalties  imposed  by  such  rules  may
be  enforced.
(c)  Query  if  it  assures  annuities  exceeding  £30.