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. 
23 
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.
	        
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