INTRODUCTION.
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surance against fire, flood, or shipwreck (9 & 10
Viet. c. 27).
16. By an Act of the 15th August, 1850
(13 & 14 Viet. c. 115), the statutes relating to
Friendly Societies were again consolidated, and
for that purpose the Acts of 1829, 1834, 1840,
and 1846 were all repealed, except with regard to
Benefit Building Societies. The wide definition
of objects contained in the Act of 1846 was re
enacted with slight alteration, but no society was
to be entitled to the privileges of the Act which
assured more than £100 in one sum, or more
than £30 by way of annuity, or more than 205.
per week in sickness. Societies under this Act
were divided into two classes, “ Certified Friendly
Societies/-’ and “ Registered Friendly Societies.”
The certified societies (6) were such as should
obtain a certificate to their tables by an actuary
possessing a given qualification, who was required
to set forth the data of sickness and mortality
upon which he proceeded, and the rate of interest
assumed in the calculations. All others were to
be simply registered. The duty of the Registrar
was to see that the rules of every society, whether
certified or registered, were in conformity with
law, that no rule was repugnant to another, and
that they were reasonable and proper. All
societies granting annuities were required to come
under the class of certified societies (c). The fee
(i) Very few of this class were actually established.
(c) A provision equivalent to this was re-enacted in the
Acts of 1855 and 1875.