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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.”