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APPENDIX G. 
indebted to the firm, his provident fund shall be applied to making good 
such loss or damage or to payment of such debt. If the act be embezzle 
ment or felony, his provident fund shall be wholly and absolutely for 
feited, and shall be applied, subject as before mentioned, to such purpose, 
beneficial to the employees generally, as may he determined upon by the 
consulting committee (formed under Rule 20). Whenever this Rule is 
called into operation, the circumstances of the case will be reported to the 
said consulting committee. 
(11.) 4s to Withdrawal of Provident Fund.—Subject as after men 
tioned, no employee shall be entitled to withdraw any portion of his 
provident fund.* 
(12.) 4s to Withdrawal after Leaving.—Subject to Rule 10, if an em 
ployee during his life ceases to be in the service of the firm from any cause, 
he shall remain entitled to his provident fund, but he, or any person claim 
ing from or under him, shall not be entitled to withdraw it until such time 
as, if he had continued in the service of the firm, he would have been so 
entitled under Rule 13; provided, however, that he may be voted earlier 
payment if the firm and the consulting committee (formed under Rule 20) 
should be of opinion that exceptional circumstances existing in his case 
make such earlier payment advisable. 
(13.) On attaining Sixty-five Years of Age, or completing Twenty-five 
Years of Service.—An employee on attaining the age of sixty-five years, 
or completing twenty-five years of continuous service, may, on the 
following 31st day of December, receive his provident fund accruing 
during that period. In reckoning the twenty-five years, service to the 
firm or predecessors of the firm, commencing at any time since the 
1st of January, 1880, is to be included, but not service while under the 
age of twenty-one years. Any such employee, notwithstanding receiving 
his provident fund, if he continues on in the service of the firm will, as 
to future bonuses and otherwise, have the benefit of and be subject to 
these rules. 
(14.) In case of Marriage.—A female employee, who, after leaving the 
service of the firm, marries, may thereupon claim an immediate payment 
of her provident fund. 
(15.) In case of Death.—If an employee dies, his legal personal repre 
sentatives will be entitled to immediate payment of his provident fund. 
(16.) Claim,s to be in Writing.—In every case where an employee or 
any person claims payment, such claims shall be in writing, and delivered 
to the firm’s cashier for the time being. 
(17.) In case Scheme is Discontinued.—If the firm should put an end 
to the scheme, the provident funds of all the employees will become 
payable to them on the 31st day of December following. 
(18.) Interest on Provident Funds.—The provident fund of each 
employee will, while the same remains in the hands of the firm, be 
credited with interest at the rate of 4 per cent, per annum, but no 
interest will be allowed for any fraction of a financial year. The firm 
may, if they choose, deposit the provident fund of any employee or part 
of such fund in a savings bank, in which case the amount deposited is 
to be credited with such interest only as may be allowed by the savings 
bank. 
(19.) Security given for Provident Funds.—The firm will give security 
upon property of ample value for all monies from time to time belonging 
* The following clause, intended to protect shares in a Provident Fund from being 
assigned by a participant or seized by his creditors, is contained in the scheme formerly 
in force with Messrs. Waltham Brothers, Limited, Brewers, Stockwell: “ If an employee 
at any time before the deferred bonus standing to his credit has been withdrawn 
and actually received by him, become bankrupt, or do or suffer anything whereby the 
deferred bonus or any part thereof, if belonging absolutely to him, would voluntarily or 
involuntarily become vested in, or payable to some other person, the committee may, if 
they in their absolute discretion think fit, pay or apply such deferred bonus or the income 
thereof or any part thereof for or towards the maintenance and support of such employee 
and his wife, children or remoter issue (if any), or of any one or more of them exclusive 
of the others in such manner and proportions as the committee shall think fit.”