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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Monograph

Identifikator:: 875232663

URN:: urn:nbn:de:zbw-retromon-2698

Document type:: Monograph

Title:: 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

Place of publication:: with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index$gTenth edition, revised and enlarged

Publisher:: Shaw and Sons

Year of publication:: 1881

Scope:: 1 Online-Ressource (XII, 303 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Part III. Industrial and provident societies

Collection:: Economics Books

•168 39 & 40 Vict. Cap. 45, s. 13. (10.) Punishment of fraud or misappropriation.—If any person obtains possession by false representation or impo sition of any property of a society, or having the same in his possession, withholds or misapplies the same, or wilfully applies any part thereof to purposes other than those ex pressed or directed in the rules of the society and authorized by this Act, he shall, on the complaint of the society, or of any member authorized by the society, or the committee thereof, ■or by the central office, or of the chief registrar, or any assistant registrar by his authority, be liable on summary conviction to a penalty not exceeding twenty pounds, with costs not exceeding twenty shillings, and to be ordered to deliver up all such property or to repay all moneys applied improperly, and in default of such delivery or repayment, or of the payment of such penalty and costs aforesaid, to be imprisoned with or without hard labour, for any time not ■exceeding three months; but nothing herein contained shall prevent an3 r such person from being proceeded against by way of indictment, if not previously convicted of the same offence under the provisions of this Act (a). 13. Officers in receipt or charge of money.—With respect to ■officers of registered societies having receipt or charge of money, the following provisions shall have effect: (1.) Security to he given.—Every officer, if the rules of the society require, shall, before taking upon himself the •execution of his office, become bound, either with or with out a surety as the committee require, in a bond according to one of the forms set forth in the third schedule to this Act, or such other form as the committee of the society approve, or give the security of a guarantee society, in such sum as the committee directs, conditioned for his rendering ■a just and true account of all moneys received and paid by him on account of the society at such times as its rules appoint, or as the society or the committee thereof require (a) The provisions of this section are similar to those of sect. 16 of the Friendly Societies Act, 1875. See p. 75, ante, and see note G., Appendix.

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