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

INTRODUCTION.  '

IS

as  a  Secretary  of  State  should  authorize  as  those
to  which  the  powers  and  facilities  of  the  Act
ought  to  be  extended.  The  limits  of  assurance
and  annuity  contained  in  the  Act  of  1850  were
re-enacted.  The  distinction  between  "certified”
and  "  registered  ”  societies  was  not  maintained
(having  been  found  not  to  be  workable)  ;  but  it
was  provided  that  annuity  societies  should  still
require  the  certificate  of  an  actuary  before  registry, ­
  and  that  societies  not  certified  by  the
Registrar  might,  by  merely  depositing  a  copy  of
their  rules  with  him,  protect  their  funds  from
fraud  or  misapplication,  and  provide  for  the
settlement  of  disputes.  It  was  also  provided  that
any  Provident,  Benevolent,  or  Charitable  Institution ­
  formed  for  the  purpose  of  relieving  the
physical  wants  and  necessities  of  persons  in  poor
circumstances,  or  for  improving  the  dwellings  of
the  labouring  classes,  or  for  granting  pensions
or  for  providing  habitations  for  the  members  or
other  persons  elected  by  them,  might,  by  transmitting ­
  its  rules  to  the  Registrar,  and  obtaining
his  certificate  as  to  their  "being  not  repugnant  to
law,”  become  entitled  to  the  benefit  of  so  much
of  the  Act  as  related  to  the  appointment  of,  and
the  vesting  of  the  property  of  the  society  in,  trustees, ­
  their  suing  and  being  sued  and  their  liability,
the  giving  of  security  by  the  treasurer,  and  the
rendering  of  accounts  by  him,  the  settlement  of
disputes,  &c.,  in  the  same  manner  as  if  it  were  a
Registered  Friendly  Society.
19.  Upon  the  submission  of  the  rules  of  a
Friendly  Society  to  the  Registrar,  he  was  to
            
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