INTRODUCTION. 33 59. A registered society may create a loan fund distinct from its other funds, and may lend a sum not exceeding £50 out of such fund to any member. 60. Every officer of a registered society, having receipt or charge of its money, must, if required by the rules, give security, and must render accounts when called upon. 61. Legal proceedings may be taken against a registered society either in the name of its trustees, or of any officer who receives its contributions, and continue notwithstanding the discontinuance of such officer. Provision is made for the service of summonses, &c., at any place of business of the society; or, if the place of business be closed, by posting a copy on its outer door, and giving notice by registered letter to the committee of manage ment at the registered office of the society. 62. Disputes are to be decided in the manner the rules of the society direct; and the parties may, by consent, refer a dispute to the Chief (or in Scotland or Ireland the Assistant) Registrar, who may administer oaths, call witnesses, and require the production of documents. 63. Upon application of one-fifth of the members of a registered society (or of 100 members only where the society consists of 1,000 and not exceeding 10,000, or of 500 members of a society exceeding 10,000), the Chief (or in Scotland or Ireland the Assistant) Registrar may with the consent of the Treasury appoint inspectors to examine into the affairs of the society and to report thereon or may call a special meeting of the c 3