166 
39 & 40 Yict. Cap. 45, s. 12. 
(3.) As to copyholds.~Wh.eTe any society is entitled in 
equity to any hereditaments of copyhold or customary 
tenure, either absolutely or by way of mortgage or security, 
the lord of the manor of which the same are held shall from, 
time to time, if the society so require, admit such persons 
(not to exceed three) as such society appoints, to be trus 
tees on its behalf, as tenants in respect of such hereditaments, 
on payment of the usual fines, fees, and other dues payable 
on the admission of a single tenant, or may admit the 
society as tenant in respect of the same on payment of such 
special fine or compensation, in lieu of fines and fees, as 
may be agreed upon between such lord and the society (o). 
(4.) Investments.—A society may, if its rules so allow 
invest any part of its capital in the shares or on the security 
of any other society (6) registered under this Act or under the 
Building Societies Acts, or of any company registered under 
the Companies Acts or incorporated by Act of parliament or 
by charter, provided that no such investment be made in 
the shares of any society or company' other than one with 
limited liability, and a society so investing may make such 
investment in its registered name and shall be deemed to 
he a person within the meaning of the Companies Acts, 
1862 and 1867, and the Building Societies Act, 1874, and 
any investment made before the passing of this Act which 
would have been valid if this Act had been then in force 
is hereby made valid and confirmed. 
(5.) Other corporate bodies.—Any other body corporate 
may, if its regulations permit, hold shares by its corporate 
name in a society'. 
(6.) Forms.—In the rules or any schedule thereto may 
be set forth the forms of conveyance, surrender, admittance, 
mortgage, transfer, agreement, bond or other instrument 
necessary for carrying the purposes of the society into 
effect. 
(a) See note (b), ante, p. 165. 
(5) But not in its own shares.