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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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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:288 VALUATION. 14. The valuer shall make his valuation and furnish to the society the report and abstract of valuation required by -sect. 14 (1,/) of the “ Friendly Societies Act, 1875,” within three calendar months after the necessary particulars have been supplied to him, unless there be just and sufficient reason for any delay. 15. If in consequence of the large number of valuations under the Act which are submitted to him, a public valuer is unable to complete any such valuation within the time -above specified, he may transfer such valuation to another .public valuer upon the same terms and conditions. 16. When the benefits to be valued do not exceed two -classes of sick allowance and deferred annuities, together with sums payable on the deaths of members and of their wives, the scales of payment to public valuers shall be as ■follows:— £ s. d. For societies— consisting of not more than 75 members - 3 3 0 For societies with over— 75 members and not exceeding lOOmembers 4 4 0 100 V 99 150 99 5 5 0 150 99 99 200 99 6 6 0 200 99 99 300 99 7 7 0 300 99 99 400 99 8 8 0 400 99 99 500 99 9 9 0 500 99 99 600 99 10 10 0 600 99 99 750 99 12 12 0 750 99 99 1,000 99 15 15 0 With a further 51. 5s. for every 500 members, or portion thereof, beyond the total amount of members not exceeding 2,500. Beyond 2,500 members the fee to be a matter of special arrangement, as well as in all cases where the number of benefits exceeds that above mentioned. Valuers may accept valuations on terms lower than those ■of the above scale. Valuers must take such steps as they think fit for obtaining payment of their fees.

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