17

H.—l2

Every registered society shall, once at least in the five years next after the commencement of the said Act or the registry of the society, and so again within six months after the expiration of every five years succeeding the date ofthe first valuation under this Act, either cause its assets and liabilities to bo valued by a valuer, to be appointed by the society and approved of by the Governor, and send to the Registrar a report, signed by such valuer (and which shall also state his address and calling or profession), on the condition of the society, and an abstract to be made by him of the results of his valuation, together with a return containing such information with respect to the benefits assured and contributions receivable by the society, and of its fluids and effects, debts and credits, as the Registrar may from time to time require; or send to the Registrar a return of the benefits assured and contributions receivable from all the members ofthe society, and of all its funds and effects, debts and credits, accompanied by such evidence in support thereof as the Registrar may prescribe, in which case the Registrar shall cause the assets and liabilities of the society to be valued and reported on by some actuary, and shall scud to the society a copy of his report aud an abstract of the results of his valuation. 6. The provisions of section twenty-nine of tho said Act shall be and be deemed to have applied to all registered and unregistered societies and branches. 7. The following subsections shall be read and construed as part of section thirteen of the said Act, and as if they were subsections thereto, occurring immediately before subsection two of that section: — (1.) In all registered societies .md branches all moneys received or paid on account of each particular fund shall be kept separate and distinct, and shall be entered in a separate account distinct from the moneys received and paid on account of any other fund, and a separate fund or funds shall be established for the payment of all expenses of management, and of all expenses (if any) on account of medical and surgical attendance, including medicine and medical and surgical requisites. (2.) No transfer shall be made of the moneys of any one benefit fund to meet the liabilities of any other fund, nor shall such moneys, or interest accruing therefrom, bo in any manner applied for the use, whether temporary or permanent, of any fund save the fund to which they properly belong. If any valuer, in any report made in accordance with section five of this Act, shall report that such transfer can be safely made, it shall be lawful to make such transfer accordingly. 8. Sub-heads (g), (h), and (i), of subsection one of section thirteen of the said Act, shall not apply to working-men's clubs. 9. The provision (d) of section twenty-two of the said Act is hereby repealed, and in lieu thereof tho following provision is enacted : — The provisions of section twenty-two ofthe said Act relating to change of name shall apply to all registered branches, and the provisions of that section relating to amalgamation and transfer of engagements shall apply and extend to registered branches of the same society ; but no change of name, amalgamation or transfer of engagements shall tako place in such cases unless in accordance with the geuer.il rules of the society to which such branches belong, or the consent of the central body of such society is obtained thereto. Except as aforesaid the provisions of section twenty-two shall not apply to branches. 10. Iv all informations aud complaints under the said Act or this Act made by or on behalf of the Registrar against a society or branch, or any officer thereof, or member of the committee of management thereof respectively, the onus of proving that any return, report, notice, or document required to be sent or given to the Registrar has been so sent or given, or that any return, report, notice, or document has been compiled or made as required by the said Act or this Act, shall lie with the society, branch, officer, or member against which or whom the information or complaiut is laid or made. .11. The said Act and this Act shall in all respects be construed as one Act. 12. No rule or amendment of a rule of a society or branch shall be disentitled to registry by reason of its expressing or implying any subordination to the central body of the same order outside New Zealand, or by reason of its containing any reference to one or more of the general laws of the said order: Provided that such general laws shall be or have been forwarded to the Registrar by such society or branch. If provision is made in such general laws for any of tho matters specified in the Second Schedule to the said Act, the society shall be deemed to have sufficiently complied with subsection one of section twelve of the said Act if reference be made iv the rules of tho society to the general law or laws making such provision : Provided that nothing herein contained shall have the effect of giving force to any general law that is contrary to any of the express provisions of this or the said Act.

SCHEDULE IV. Further Regulations under "The Friendly Societies Act, 1877." application to register amendments of rules. 75. An amendment of tho rules of a society may be either — (a.) A partial amendment, consisting of the addition of a new rule or rules, or part of a rule or rules, to the existing rules, or the substitution of a new rule or rules, or part of a rule or rules, for any of the existing rules, or any part thereof, or a rescission of any of tho existing rules, or any part thereof, without any substitution, or more than one, or all, of these modes ; or, (b) A complete amendment, consisting of the substitution of an entire set of rules for the existing set of rules. 76. An application to register a partial amendment of rules must be made by the secretary of tho society in Form No. 52, annexed hereto, and must be sent to the Registrar, accompanied by a statutory 3—H. 12.