INTRODUCTION.
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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 cor
responding Societies Acts.
2. Exemption from stamp duty.
3. Transfer of stock by order of the Registrar.