INTRODUCTION.
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40. A Friendly Society may not be dissolved
voluntarily without the consent of five-sixths in
value of the members, including honorary members,,
and of all those receiving any relief, annuity, or
benefit, unless the claims of such persons are duly
satisfied, or adequate provision made for the pur
pose. The instrument of dissolution must either
set forth the intended division or appropriation of
the funds, or refer such matter to the Registrar.
Where the society is in an insolvent state, the
Registrar may, upon the application of one-fifth in
number of the members (or of a less proportion in a
society of 1,000 members or more) dissolve the
same compulsorily, by award, if he shall upon
investigation so think fit, and may direct how
the funds and property of the society are to be
divided. The dissolution is in either case to be
advertised in the Gazette, and in a county news
paper, by the Registrar, and is binding and effec
tual on all persons, unless proceedings are
taken by any member to set it aside within three
months from the date of the advertisement.
41. A Friendly Society may, by special resolu
tion, amalgamate with, or transfer its engage
ments to any other society upon the like consent,
and subject to the same restrictions as provided
for the case of dissolution.
42. No person by reason of enrolment or ser
vice in the militia, naval coast volunteers, naval
reserve volunteer force, yeomanry, or volunteers,
will lose or forfeit any interest in a Friendly Society,,
registered or unregistered, notwithstanding any
rule of such society to the contrary; but in a.