INTRODUCTION.
25
evidence of the cause of death is to be produced. No
money is to be paid except to the parent or personal
representative of the parent. These provisions apply
to Industrial Assurance Companies as well as
to Friendly Societies, and such companies are
exempted, with respect to children’s assurances,
from the operation of the Gambling Act (b).
Any society or claimant paying or claiming money
contrary to the directions of the statute, is liable
to a fine not less than ifil, and not exceeding £5.
45. Every registered Friendly Society is required,
within six months after the expiration of every
five years succeeding the 31st December, 1875,
to make a return of the sickness and mortality ex
perienced by its members during the quinquennial
period; and once at least in every five years to
cause its assets and liabilities to be valued (c). The
society may either appoint the valuer themselves,
and send his signed report and abstract to the
Registrar, or may furnish the Registrar with the
returns and evidence necessary to enable an
actuary employed by him to make the valuation
for the society. Where the society appoint their
own valuer, his calling or profession are imma
terial, but he must state his address and calling
or profession in his signed report.
46. The Chief Registrar may, however, with
the approval of the Treasury, dispense with the
(6) 14 Geo. 3, c. 48.
(c) In tlie year 1879, the valuation returns of 948 socie^-
ties were received at the central office, and an abstract made-
of them hy Mr. Sutton, the actuary. 33 of the valuations
only were hy public valuers. More than half showed an
estimated deficiency. See Art. 83, post, p. 45.
c