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  experienced ­
  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  immaterial, ­
  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  madeof
  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