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

38  &  39  Viot.  Cap.  60,  s.  31.

109

wliich  by  virtue  of  this  and  any  other  section  of  this  Act
would  be  an  offence  on  the  part  of  a  registered  society
shall  be  an  offence  on  the  part  of  any  other  society  to
which  this  Act  applies,  and  of  any  officer  of  such  society
bound  to  fulfil  the  duty  (if  any)  whereof  such  offence  is  a
breach.
The  word  “  society  ”  in  the  present  section  shall,  except
in  provisions  one,  eight,  and  nine,  include  all  industrial
assurance  companies,  but  nothing  in  the  present  section
contained  shall  apply  to  any  assurance  with  any  such  company, ­
  the  premiums  in  respect  of  which  are  receivable  at
greater  periodical  intervals  than  two  months  (b).
31.  As  to  cattle  insurance  and  certain  other  societies.—
The  provisions  of  the  present  section  apply  only  to  registered ­
  cattle  insurance  societies,  and  to  such  specially  authorized ­
  societies  as  the  Treasury  may  allow  to  take  the  benefit
of  the  present  section  [and  to  branches  of  such  societies]  :
(1.)  Rules  to  have  effect  of  covenant  by  members.—The
rules  bind  the  society  [or  branch]  and  the  members  thereof,
and  all  persons  claiming  through  them  respectively,  to  the
same  extent  as  if  each  member  had  subscribed  his  name
and  affixed  his  seal  thereto,  and  there  were  in  such  rules
contained  a  covenant  on  the  part  of  himself,  his  heirs,  executors, ­
  and  administrators,  to  conform  to  such  rules,  subject,
to  the  provisions  of  this  Act.
(2.)  Money  payable  by  members  to  be  recoverable  as  debt.—
All  moneys  payable  by  a  member  to  the  society  [or  branch]
are  deemed  to  be  a  debt  due  from  such  member  to  the
society  [or  branch],  and  are  recoverable  as  such  in  the.
county  court  of  the  district  in  which  such  memberresides
  (c).

(b)  The  whole  of  this  section  is  new.  The  considerations  upon
which  it  is  based  will  be  found  in  the  fourth  Report^  of  the
-friendly  Societies  Commissioners,  1874,  pp.  xci.-cxxxiii.  See
Treasury  regulation  57.
(e)  This  section  is  founded  on  29  Viet.  c.  34.  The  extension
to  certain  specially  authorized  societies,  is  new.
            
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