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

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

159

tliis  Act;  hut  no  society  which  takes  such  deposits
shall  make  any  payment  of  withdrawable  capital
while  any  claim  due  on  account  of  any  such  deposit ­
  is  unsatisfied.
<(3.)  Offences.—It  shall  he  an  offence  under  this  Act  if  any
registered  society—
(a.)  Fails  to  give  any  notice,  send  any  return  or  document, ­
  or  do  or  allow  to  he  done  any  act  or  thing
which  the  society  is  hy  this  Act  required  to  give,
send,  do,  or  allow  to  he  done:
(b.)  Wilfully  neglects  or  refuses  to  do  any  act  or  to  furnish ­
  any  information  required  for  the  purposes  of
this  Act  hy  the  chief  or  any  other  registrar  or
other  person  authorized  under  this  Act,  or  does
any  act  or  thing  forbidden  hy  this  Act:
(c.)  Makes  a  return  or  wilfully  furnishes  information  in
any  respect  false  or  insufficient:
(d.)  Carries  on  the  business  of  hanking  having  any  withdrawable ­
  share  capital,  or  in  carrying  on  such
business  does  not  make  out  and  keep  conspicuously
hung  up  such  statement  as  is  hereinbefore  required, ­
  or  makes  any  payment  of  withdrawable
capital  contrary  to  the  provision  hereinbefore
contained.
(4.)  Offences  by  societies  to  be  also  offences  by  officers,  &c.—
Every  offence  by  a  society  under  this  Act  shall  be  deemed
to  have  been  also  committed  by  every  officer  of  the  same
bound  by  the  rules  thereof  to  fulfil  the  duty  whereof  such
offence  is  a  breach,  or  if  there  be  no  such  officer,  then  by
every  member  of  the  committee  of  the  same,  unless  such
member  be  proved  to  have  been  ignorant  of  or  to  have
•attempted  to  prevent  the  commission  of  such  offence;  and
every  act  or  default  under  this  Act  constituting  an  offence,
if  continued,  shall  constitute  a  new  offence  in  every  week
during  which  the  same  continues.
(5.)  Returns  to  be  in  prescribed  form.—Every  return  and
■other  document  required  for  the  purposes  of  this  Act  shall
            
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