93

38  &  39  Vict.  Cap.  60,  s.  25.

(e.)  Upon  application  of  the  trustees  or  committee  of
management  of  a  society  desiring  to  amalgamate
or  transfer  its  engagements,  notice  of  such  application ­
  (b)  being  published  in  the  Gazette,  the  chief
registrar,  after  hearing  such  trustees  or  committee
of  management  and  any  other  persons  whom  he
considers  entitled  to  be  heard  upon  the  application, ­
  may,  with  the  consent  of  the  Treasury,  order
that  any  of  the  consents  and  conditions  prescribed
in  this  Act,  or  in  any  regulations  made  under  this
Act,  be  dispensed  with,  and  may  confirm  the
amalgamation  or  transfer:
(d.)  This  section  shall  not  apply  to  branches  (c).
25.  Dissolution  of  societies.—With  respect  to  the  dissolution ­
  of  registered  societies,  the  following  provisions  shall
have  effect:—
(1.)  How  societies  may  be  dissolved.—A  society  may  terminate ­
  or  be  dissolved  in  any  of  the  following  ways:—
(a.)  Upon  the  happening  of  any  event  declared  by  the
rules  to  be  the  termination  of  the  society:
(b.)  As  respects  all  societies  other  than  friendly  societies,
by  the  consent  of  three-fourths  of  the  members,
testified  by  their  signatures  to  the  instrument  of'
dissolution:
(c.)  As  respects  friendly  societies,  by  the  consent  of  fivesixths
  in  value  of  the  members  (including  honorary
members,  if  any),  testified  by  their  signatures  to
the  instrument  of  dissolution,  and  also  by  thewritten
  consent  of  every  person  for  the  time  being
receiving  or  entitled  to  receive  any  relief,  annuity,
or  other  benefit  from  the  funds  of  the  society,,
rmless  the  claim  of  such  person  be  first  duly
satisfied,  or  adequate  provision  made  for  satisfying
such  claim,  and  in  the  case  of  a  branch  society  (d)

(b)  See  Treasury  regulations  73  to  78  and  Form  BA.
(c)  This  provision  is  new.
(id)  Sic.