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

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38  &  39  Vict.  Cap.  60,  ss.  6,  7.

the  commencement  of  this  Act  to  the  extent  set  forth  in
the  third  column  of  the  said  schedule  ;  hut  this  repeal,  or
anything  herein  contained,  shall  not  affect  the  past  operation ­
  of  the  said  Acts,  or  the  force  or  operation,  validity  or
invalidity,  of  anything  done  or  suffered,  or  any  bond  or
security  given,  right,  title,  obligation,  or  liability  accrued,
contract  entered  into,  or  proceedings  taken,  under  any  of
the  said  Acts,  or  under  the  rules  of  any  society  registered
or  certified  thereunder,  before  the  commencement  of  this
Act  (c).
6.  As  to  existing  societies.—Every  society  now  subsisting
whose  rules  have  been  registered,  enrolled,  or  certified
under  any  Act  relating  to  friendly  societies  or  cattle  insurance ­
  societies,  shall  be  deemed  to  be  a  society  registered
under  this  Act,  and  its  rules  shall,  so  far  as  the  same  are
not  contrary  to  any  express  provision  of  this  Act,  continue  in
force  until  altered  or  rescinded  (d).
Provided  that  nothing  herein  contained  shall  affect  the
validity  of  the  rules  of  friendly  societies  established  before
the  fifteenth  day  of  August  one  thousand  eight  hundred
and  fifty,  notwithstanding  that  the  contingent  annual  payments ­
  to  which  the  members  or  the  nominees  of  the  members ­
  of  such  societies  may  become  entitled  may  exceed  the
limit  hereby  fixed  (e).
7.  Societies  with  deposited  rules.—Section  forty-four  of
the  Act  of  the  eighteenth  and  nineteenth  Victoria,  chapter

(c)  This  section  is  similar  to  18  &  19  Vict.  c.  63,  s.  1;  37  &
38  Vict.  c.  42,  s.  7.  As  to  the  effect  of  the  words  “  under  any
of  the  said  Acts,”  see  Sinden  v.  Hanks,  3  E.  &  E.  632.
(d)  This  is  similar  to  the  provision  in  the  Building  Societies
Act,  1874,  s.  8.  Under  18  &  19  Vict.  c.  63,  s.  3,  the  rules  of
subsisting  societies  are  declared  valid  and  in  force;  under  the
present  statute  they  will  only  be  so  “so  far  as  not  contrary  to
any  express  provisions  of  the  Act.”  This  enactment  does  not
of  course,  affect  the  Friendly  Societies  Discharge  Act,  1854
(17  &  18  Vict.  c.  56),  which  declared  that  societies  having  power
to  grant  assurances  exceeding  £1,000  should  not  be  deemed  to  he
within  the  Friendly  Societies  Acts.
(e)  This  is  in  continuation  of  the  enactment  of  18  &  19  Vict
c.  63,  s.  46.
D  2
            
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