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

185

39  &  40  Vict.  Cap.  45,  s.  26.

Orders  in  Council  now  in  force  witliin  the  bailiwick, ­
  hut  that  the  decision  of  the  royal  court
when  sitting  in  a  hody  as  a  court  of  appeal  shall
he  final:
•(b.)  When  any  sum  of  money  becomes  payable  on  the
death  of  a  member,  such  sum  of  money  shall,  in
default  of  any  direction  or  nomination  such  as  is
contemplated  by  this  Act,  be  paid  to  the  deceased
member’s  legal  representative,  according  to  the
law  of  Guernsey  :
(c.)  All  industrial  and  provident  societies  within  the
bailiwick  shall  be  authorized  to  invest  any  part  of
their  funds  in  the  state  bonds  either  of  Guernsey
or  Alderney  :
(d.)  The  term  “the  Companies  Act”  shall  mean  the  law
for  the  time  being  in  force  in  the  said  bailiwick
for  the  regulation  and  winding  up  of  companies  :
(e.)  All  offences  and  penalties  under  this  Act  shall  be
prosecuted  and  recovered  summarily  before  the
court  of  primary  jurisdiction  at  the  suit  or  instance
of  the  law  officers  of  the  Crown  or  of  a  constable
of  a  parish  :  .
{/.)  All  penalties  recovered  under  this  Act  shall  be  paid
to  the  Receiver  General,  to  be  by  him  carried  to
the  account  of  the  Crown  revenue  (a).

(a)  This  section  is  new,  and  is  adopted  from  section  41  of  the
Friendly  Societies  Act,  1875.  See  p.  116,  ante.
            
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