/

158  39  &  40  Vict.  Cap.  45,  s.  10.

unless  lie  be  an  officer  of  tbe  society,  or  be
specially  authorized  by  a  resolution  thereof,  shall
have  the  right  to  inspect  a  loan  or  deposit  account
of  any  other  member  without  the  written  consent
of  such  member:
i(/.)  Supplying  copies  of  annual  returns.—Supply  gratuitously ­
  to  every  member  or  person  interested  in
the  funds  of  the  society,  on  his  application,  a  copy
of  the  last  annual  return  of  the  society  for  the
time  being:
{g.)  Balance  sheet,  Joe.,  to  he  hung  up  at  office.—Keep  a
copy  of  the  last  balance  sheet  for  the  time  being,
together  with  the  report  of  the  auditors,  always
hung  up  in  a  conspicuous  place  at  the  registered
office  of  the  society.
(2.)  Provisions  as  to  hanlcing.—The  following  provisions
shall  apply  to  the  business  of  banking  by  societies  (a)—
(a.)  No  society  which  has  any  withdrawable  share  capital
shall  carry  on  the  business  of  banking:
(b.)  Every  society  which  carries  on  the  business  of  banking ­
  shall,  on  the  first  Mondays  in  February  and
August  in  each  year,  make  out  and  keep  conspicuously ­
  hung  up  in  its  registered  office,  and
every  other  place  of  business  belonging  to  it,  a
statement  in  the  form  in  the  third  schedule  hereto
annexed,  or  as  near  thereto  as  the  circumstances
admit  (6):
(c.)  The  taking  deposits  of  not  more  than  five  shillings
in  any  one  payment,  nor  more  than  twenty
pounds  for  any  one  depositor,  payable  on  not  less
than  two  clear  days’  notice,  shall  not  be  included
in  the  business  of  banking  within  the  meaning  of

(а)  The  business  of  banking  is  for  the  first  time  permitted  by
tliis  Act  to  be  carried  on  by  an  industrial  and  provident  society.
It  was  expressly  excepted  from  the  trades  allowed  to  be  carried
: on  under  the  Act  of  1862.  (25  &  26  Vict.  c.  87>  s.  3.)
(б)  This  statement  is  similar  to  that  required  by  the  Companies ­
  Act,  1862,  to  be  made  by  a  banking  company.