Full text: 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

67 
38 & 39 Yict. Cap. 60, s. 14. 
report, and an abstract of the results of his 
valuation (b) : 
((/.) Inspection of books.—Allow any member or person 
having an interest in the funds of the society to 
inspect the books at all reasonable hours at the 
registered office of the society, or at any place 
where the same are kept, except that no such 
member or person, unless he be an officer of the 
society, or be specially authorized by a resolu 
tion of the society to do so, shall have the 
right to inspect the loan account of any other 
member without the written consent of such 
member (c) : 
{h.) Supphjing copies of annual returns.—Supply gra 
tuitously every member or person interested in 
the funds of the society, on his application, with a 
copy of the last annual return of the society for 
the time being (d) [or with a balance sheet or 
other document duly audited, containing the 
same particulars as to the receipts and expen 
diture, funds and effects of the society as are con 
tained in the annual return] : 
(i.) Keep a copy of the last annual balance sheet for the 
time being, and of the last quinquennial valua 
tion for the time being, together with the report 
of the auditors (if any) always hung up in a 
conspicuous place at the registered office of the 
society (e). 
(b) This provision is new. 
(c) The provision for inspection of hooks is new for friendly 
societies; but a similar provision is contaiued in the Industrial 
and Provident Societies Act, 1876 (see Part III), and Trade 
Unions Act, 1871 (34 & 35 Viet. c. 31, Sched. 1). _ 
(d) This provision is new; but a similar one is contained ill 
the Acts relating to Industrial aud Provident Societies (see 
Part III.), Trade Unions (34 & 35 Viet. c. 31, s. 16), and Build 
ing Societies (37 & 38 Viet. c. 42, s. 40). 
(e) This provision is new, and is adopted from the Building 
Societies Act of 1874 (37 & 38 Viet. c. 42, s. 43). A similar 
provision is contained in the Savings Banks Acts.
	        
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