38 & 39 Vict. Cap. 60, Sch. 2.
121
4. Tlie appointment and removal of a committee of
management (by whatever name), of a treasurer and other
officers, and of trustees, and in the case of a society with
branches, the composition of the central body, and the
conditions under which a branch may secede from the
society (d).
5. The investment of the funds, the keeping of the
accounts, and the audit of the same once a year at least (e).
6. Annual returns to the registrar of the receipts, funds,
effects and expenditure, and number of members of the
society (f).
7. Tiie inspection of the hooks of the society by every
person having an interest in the funds of the society (</).
8. The manner in which disputes between the society
and any of its members, or any person claiming through a
member or under the rules, shall be settled (7i).
9. In case of dividing societies, a provision for meeting
all claims upon the society existing at the time of division
before any such division takes place (i).
And also in. the case of friendly and cattle insurance
societies :—
1. The keeping separate accounts of all moneys received
°r paid on account of every particular fund or benefit
assured, for which a separate table of contributions payable
shall have been adopted, and the keeping separate account
of the expenses of management, and of all contributions
on account thereof (7i).
(d) Prom 18 & 19 Vict. c. 63, s. 25. The words "by whatever
name ” and the provisions as to a society with branches,
are new.
' (e) Prom 18 & 19 Vict. c. 63, s. 25. The audff being once
a year at least ” instead of “ annual or periodk al.
(f) New as a rule.
(//) Prom 25 & 26 Vict. c. 87, 34 & 35 Vict. c. 31.
id) See note (b), ante, p. 120.
(i) These provisions are new.
G
