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38 & 39 Vict. Cap. 60, ss. 6, 7.
the commencement of this Act to the extent set forth in
the third column of the said schedule ; hut this repeal, or
anything herein contained, shall not affect the past opera
tion of the said Acts, or the force or operation, validity or
invalidity, of anything done or suffered, or any bond or
security given, right, title, obligation, or liability accrued,
contract entered into, or proceedings taken, under any of
the said Acts, or under the rules of any society registered
or certified thereunder, before the commencement of this
Act (c).
6. As to existing societies.—Every society now subsisting
whose rules have been registered, enrolled, or certified
under any Act relating to friendly societies or cattle insur
ance societies, shall be deemed to be a society registered
under this Act, and its rules shall, so far as the same are
not contrary to any express provision of this Act, continue in
force until altered or rescinded (d).
Provided that nothing herein contained shall affect the
validity of the rules of friendly societies established before
the fifteenth day of August one thousand eight hundred
and fifty, notwithstanding that the contingent annual pay
ments to which the members or the nominees of the mem
bers of such societies may become entitled may exceed the
limit hereby fixed (e).
7. Societies with deposited rules.—Section forty-four of
the Act of the eighteenth and nineteenth Victoria, chapter
(c) This section is similar to 18 & 19 Vict. c. 63, s. 1; 37 &
38 Vict. c. 42, s. 7. As to the effect of the words “ under any
of the said Acts,” see Sinden v. Hanks, 3 E. & E. 632.
(d) This is similar to the provision in the Building Societies
Act, 1874, s. 8. Under 18 & 19 Vict. c. 63, s. 3, the rules of
subsisting societies are declared valid and in force; under the
present statute they will only be so “so far as not contrary to
any express provisions of the Act.” This enactment does not
of course, affect the Friendly Societies Discharge Act, 1854
(17 & 18 Vict. c. 56), which declared that societies having power
to grant assurances exceeding £1,000 should not be deemed to he
within the Friendly Societies Acts.
(e) This is in continuation of the enactment of 18 & 19 Vict
c. 63, s. 46.
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