Report From The Select Committee On Friendly Societies Act 1875

Author : Ireland House of Commons
Publisher : Forgotten Books
ISBN 13 : 9780365508823
Total Pages : 54 pages
Book Rating : 4.5/5 (88 download)

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Download or read book Report From the Select Committee on Friendly Societies written by Ireland House of Commons and published by Forgotten Books. This book was released on 2018-03-24 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Report From the Select Committee on Friendly Societies: With the Proceedings of the Committee; Ordered, by the House of Commons, to Be Printed, 6 August 1889 Companies which do not issue or become liable under policies on human life, nor grant annuities upon human life, would appear to be exempt, not only from Section 30, but also from the provisions of the Life Assurance Companies Act. Sub-section 1 provides that members are to receive copies of rules and policies in the case of registered societies; this appears clear enough. In the case of companies, too, there is, perhaps, no doubt as to what is meant. But in the case of unregistered societies, there may possibly be no committee, and there may be only one manager, and the manager may be the secretary. Ln other words, it seems to assume that unregistered societies are so constituted that the sub-section, as it stands, is directly applicable. Sub-section 2 provides that where members or persons insured have made default in payment of contributions, no forfeiture is incurred until after a written or printed notice has been delivered or sent by post prepaid to him, or left at last known place of abode, apprising him that in case of default of payment within a specified time, to be not less than 14 days, his interest will be forfeited. This Sub-section allows notice of forfeiture to be either delivered or sent by post prepaid. Sub-section 3 requires written consent of member or person insured as a condition Of transfer to another society, and also within seven days of proposal to transfer. A notice in writing to be given by society to which he is to be transferred to the society from which he is to be transferred, but it does not say what information is to be contained in the written notice to be sent by the transferee society. Sub-section 4 provides that no collector, whilst he is such, is to be capable of being a member of the committee of management, or other governing body (by whatever name) of the society, or of holding any other office in the society except that of superintending collectors, within an area ft om time to time to be Specified. Sub-section 5 provides that no collector of a society is to be capable of voting at or taking part in the proceedings of any meeting of the same. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.