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

94

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

with  the  consent  of  the  central  body  of  the  society,
or  in  accordance  with  the  general  rules  of  the
society  (a):
(d.)  By  the  award  of  the  chief  registrar  or  assistant
registrars  in  the  cases  herein  specified  (6).
(2.)  Contents  of  instrument  of  dissolution.—The  instrument ­
  of  dissolution  shall  set  forth—
(a.)  The  liabilities  and  assets  of  the  society  in  detail:
(b.)  The  number  of  members  and  the  nature  of  their
interests  in  the  society  respectively  :
(c.)  The  claims  of  creditors  (if  any),  and  the  provision
to  he  made  for  their  payment:
(id.)  The  intended  appropriation  or  division  of  the  funds
and  property  of  the  society,  unless  the  same  he
stated  in  the  instrument  of  dissolution  to  he  left
to  the  award  of  the  chief  registrar  (a).
(3.)  Alterations  in  instrument  of  dissolution.—Alterations
in  the  instrument  of  dissolution  may  he  made  with  the
like  consents  as  hereinbefore  provided,  testified  in  the  same
manner  (a).
(4.)  Statutory  declaration.—A  statutory  declaration  shall
he  made  hy  one  of  the  trustees,  or  hy  three  members  and
the  secretary  of  the  society,  that  the  provisions  of  this  Act
have  been  complied  with,  and  shall  be  sent  to  the  registrar
with  the  instrument  of  dissolution;  and  any  person  knowingly ­
  making  a  false  or  fraudulent  declaration  in  the  matter
shall  be  guilty  of  a  misdemeanor  (c).

(a)  These  provisions  are  similar  to  those  of  the  Building
Societies  Act,  1874,  s.  32.  The  consents  to  dissolution  for  a
friendly  society  are  the  same  as  those  required  hy  18  &  19  Viet,
c.  63,  s.  13.  See  Treasury  regulations  41  to  44  and  Forms  A1I
to  AL.
(i)  This  provision  is  similar  to  23  &  24  Vict.  c.  58.  See
Treasury  Regulations  45  to  48  and  Forms  AM  to  AQ.
(e)  This  provision  is  similar  to  18  &  19  Vict.  e.  63,  s.  13;
23  &  24  Vict.  c.  58.
            
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