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MODEL RULES.
time being owing to the society by the members who have
borrowed from the loan fiend, moneys may be held by the
society on deposit from its members.—Friendly Societies Act,
1875, s. 18.
XVI.—Accumulating Surplus of Contributions for Members’
TJse.
[If it is intended that the surplus contributions of any of the
members to the funds of the society which may remain after
providing for any assurance in respect of which the same are
paid should be accumulated at interest for the use of such
members, a rule must be made for this purpose, and for the
withdrawal of such accumulation from time to time.—Friendly
Societies Act, 1875, s. 19.]
XVII.—Nomination.
1. The secretary shall keep a hook in which he shall
register or record all nominations made by members of the
society by writing, signed by them, delivered at or sent to
the registered office of the society, of any person or persons
not being officers or servants of the society, unless such
officer or servant he the husband, wife, father, mother, child,
brother, sister, nephew, or niece of the nominator, to whom
any moneys payable by the society on the death of such
members not exceeding £50 shall be paid.
2. The secretary shall in like manner record or register
all revocations, or variations of such nominations by the
nominator, made in writing, and signed and delivered or
sent as aforesaid.
3. The nominator shall pay 3d. to the management fund
for the recording or registering of every such nomination,
revocation, or variation.
4. The secretary neglecting to ask a new member to
nominate within three calendar months of his admission
shall pay a fine of 3d.
5. All nominations, revocations, or variations are to be in
the following form
(1.] Nomination.
Friendly Society, registered pursuant to the
Friendly Societies Acts,
I hereby nominate of , in the county
of , to receive the money payable at my death
under the rules of the society above named.
■ Signature.
Witness.
