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sufficient to discharge any outstanding liabilities which have been properly incurred and for which no other provision has been made by the Committee of Management, the Commissioners may issue to the trustees or other officers authorised to receive funds on behalf of the Society, or, in the case of a branch, may require the Society to issue to the trustees or other officers authorised to receive funds on behalf of the branch, such further sums as may be required for the purpose, and the sums so issued shall be charged to any funds available to the Society or branch under the principal Act.

(2) Where any expenditure in excess of the maximum available to the Society or Branch for administration has been incurred, the Society or Branch to which the insured members have been transferred shall charge the amount thereof to Administration Account and may, if such excess expenditure amounts to not less than 6d. a member so transferred and the Committee of Management think fit so to do, make a levy upon the insured members so transferred sufficient to make good such excess expenditure.

(3) Where a Society or branch which has amalgamated or transferred its engagements has a deficiency on its Administration Account in respect of any period prior to the final final period ending on the date as from which the Society or branch ceased to administer the principal Act and such deficiency has not been made good at that date, the Commissioners may, if they think fit, allow the deficiency to be carried forward to the Administration Account for the final period notwithstanding any Regulations made by the Commissioners and for the time being in force relating to the manner of dealing with deficiencies on Administration Accounts.

92. Where a Society or branch is amalgamating or transferring Apportionits engagements, all sums payable by the Society or branch in ment of respect of sanatorium benefit and medical benefit and of the ad- periodical ministration expenses of Insurance Committees and all other receipts and periodical receipts and liabilities shall be deemed to have accrued payments. from day to day and the proportion payable up to the date of the amalgamation or transfer of engagements shall be charged against the Society or branch so amalgamating or transferring its engagements, unless the Commissioners, whether generally or in any particular case, otherwise determine.

93. Any moneys standing to the credit of a Society in any fund Guarantee established by the Commissioners for the purpose of providing Fund. security under Section 26 of the principal Act shall, upon an amalgamation or transfer of engagements of the Society, be transferred to the Society to which the insured members are being transferred, if such Society is a contributor to that or any similar fund under the control of the Joint Committee or any of the several bodies of Commissioners, notwithstanding anything to the contrary contained in the rules for the administration of that fund.

94.-(1) Upon any transfer of engagements, the transferee Transfer of Society or branch may either take over the funds and effects of the funds and transferor Society or branch in the form in which they exist at the effects. date of the transfer of engagements or may request the trustees

Transfer of credit in books of Commis

sioners, &c.

of the transferor Society or branch to sell and convert into money such of the funds and effects as are so convertible, and the trustees shall do all such acts and deeds as may be necessary to transfer such of the funds and effects as are not so converted and to pay over the proceeds of any sale and conversion to the trustees of the transferee Society or branch.

(2) Where upon any transfer of engagements any part of the moneys belonging to the transferor Society and available for investment has been retained by the Commissioners in the Investment Account in accordance with the provisions of Section 56 of the principal Act, and the transferee Society has adopted any of the alternative methods mentioned in that section for dealing with its investments, the Commissioners may, upon the application of the transferee Society, permit such part of the amount standing to the credit of the transferor Society in the Investment Account as might lawfully in the first instance have been paid over to the transferor Society for investment to be withdrawn from that account, and invested in accordance with the method adopted by the transferee Society in dealing with its investments.

(3) Where upon any amalgamation the amalgamating Societies have adopted different methods of dealing with their investments, the Commissioners may, upon the application of the Society which is formed by the amalgamation, permit the amount, if any, which may be standing to the credit of any of the amalgamating Societies in the Investment Account to be withdrawn to the extent above-mentioned, and invested in accordance with the manner adopted by the Society formed by the amalgamation.

95.-1) Upon the completion of the necessary adjustments of accounts or at such other time as the Commissioners may determine, the funds standing in the books of the Commissioners to the credit of a Society which has amalgamated or transferred its engagements shall be transferred to the credit of the Society to which the insured members have been transferred, and in the case of the amalgamation or transfer of engagements of a branch (other than a transfer to another Society or branch of another Society), the Committee of Management of the Society shall transfer the funds standing to the credit of the branch in the books of the Society to the credit of the branch to which the insured members have been transferred, and in the case of a transfer of engagements by a branch of a Society to another Society or to a branch of another Society there shall be transferred in the books of the Commissioners from the Society of which the transferor branch is a branch to the transferee Society or to the Society of which the transferee branch is a branch a sum equal to the total sum standing to the credit of the transferor branch in the books of the Society.

(2) All books and records relating to business transacted under the principal Act of a Society or branch which has amalgamated or transferred its engagements shall, upon the completion of the winding up of the affairs of the Society or branch, be handed over to the Society or branch, as the case may be, to which the insured persons have been transferred or otherwise dealt with as the

Commissioners may determine, and such books and records shall be retained by the Society or branch to which they are so handed for such period as the Commissioners may determine.

(3) The certificate of approval of a Society which has amalgamated or transferred its engagements shall be handed over to the Commissioners.

Debit balance in

96. Where at the date on which an amalgamation or transfer of engagements of a Society takes effect there is a debit balance current in the current account of the Society in the books of the Commis- account. sioners, such debit balance shall not be discharged out of the proceeds of the realisation of investments held by the Society or by the Commissioners on behalf of the Society notwithstanding anything contained in any Regulations made by the Commissioners under sub-section (1) of Section 56 of the principal Act, if the Society which is formed by the amalgamation or to which the engagements are being transferred agrees to the transfer of the debit balance to its current account in the books of the Commissioners.

Share of

Contin

gencies Fund

97. (1) Where a branch of a Society is transferring its engagements to another Society or a branch of another Society, the funds of the branch shall be deemed to include a share of the of Society Contingencies Fund of the Society corresponding to the pro- in case of portion which the amount paid into that Fund in respect of transfer of contributions of members of the branch bears to the amount paid engagements by branch. into that Fund in respect of contributions of all the members of the Society:

Provided that if the Committee of Management of the Society of which the transferor branch is a branch or the Committee of Management of the branch are dissatisfied with the share so calculated, they may make representations to the Commissioners on the subject and the Joint Committee shall, after consultation with both Committees of Management, determine the share, if any, of the branch in the Contingencies Fund of the Society.

Where the branch becomes a branch of another Society or the transfer of engagements is to a branch of that other Society, the amount of the Contingencies Fund of the Society to which the transferor branch is so entitled shall be credited to the Contingencies Fund of that other Society and if any sum is apportioned among the branches of that Society on the valuation next. completed, the branch shall be entitled to participate in such apportionment as though it had been a branch of that Society since the preceding valuation.

(2) Where a branch of a Society is transferring its engagements to another branch of the Society, then for the purpose of any apportionment under the second paragraph of sub-section (3) of Section 3 of the Act of 1918, there shall be included in the amount deemed to have been paid into the Contingencies Fund of the Society in respect of contributions of members of the transferee branch, the amount paid into the Fund in respect of contributions of members of the transferor branch.

Application of certain

Articles to transfer of engagements to two or more

Societies or branches.

Power for
Com-

missioners

to sanction

98. (1) Where a Society is transferring its engagements to two or more Societies, the provisions of Articles 91, 93, 94, 95, and 96 of these Regulations shall apply with the adaptations necessary to give effect to the arrangements relating to the transfer and in particular to the apportionment as between the transferee Societies of the assets and liabilities of the transferor Society.

(2) Where a branch of a Society is transferring its engagements to another Society or to a branch of another Society, the provisions of Article 93 of these Regulations shall apply as respects the portion applicable to the branch of the sums standing to the credit of the Guarantee Fund mentioned in the said Article, which portion shall, failing agreement between the Committees of Management of the Society and of the branch, be determined by the Commissioners.

(3) Where a branch of a Society is transferring its engagements to two or more branches of the same Society, the provisions of Articles 91, 94, 95, and 97 (2) shall apply with the necessary adaptations to give effect to the arrangements relating to the said transfer of engagements and in particular to the apportionment as between the transferee branches of the assets and liabilities of the transferor branch.

99. Where a Society or branch is amalgamating or transferring its engagements the Commissioners may sanction the payment of any expenditure which has, in their opinion, been reasonably expenditure. incurred in connection with business transacted under the principal Act, or with the amalgamation or transfer of engagements, but which has not been incurred in accordance with the rules of the Society or branch, and any expenditure so sanctioned by the Commissioners shall be deemed to have been duly incurred in accordance with the rules of the Society or branch.

Branch ceasing to transact business.

Certification

of copies of resolutions.

Power to dispense with require

ments of Regulations.

100. Where a branch has ceased to transact business under the principal Act and all the insured members have been provided for, that branch shall not again transact business under the principal Act without the consent of the Commissioners.

101. Any copy of a resolution and any statement in regard to the number of votes cast required by this Part of these Regulations to be furnished to the Commissioners or to the Committee of Management of a Society shall be certified by the Chairman of the meeting at which the resolution was passed and by the Secretary of the Society or branch, as the case may be, or by any person duly authorised to act in that behalf.

102.-(1) Where upon any amalgamation or transfer of engagements of the Society or any branch of the Society there are special circumstances which render it desirable in the interests of the insured members of the Society or branch so to do, the Commissioners may, if they think fit, upon the application of the Committee of Management of a Society or branch, dispense with any of the requirements of this Part of these Regulations.

(2) Notwithstanding any failure on the part of a Society or branch to comply with anything contained in this Part of these Regulations the Commissioners may, if they are satisfied that the

provisions of this Part of these Regulations have been substantially complied with, confirm the amalgamation or transfer of engagements.

103. Where any notice or other document is required by this Service of Part of these Regulations to be sent to any member of a Society notices. or branch it shall be deemed to have been duly sent if it has been delivered or sent by post to him at his last known place of abode in the United Kingdom.

104.-(1) Where any meeting of a Society or branch is con- Residence of vened under the provisions of this Part of these Regulations for members. the purpose of considering the question of amalgamation or transfer of engagements, any member of the Society or branch shall, subject to the provisions of Section 16 of the Act of 1913, be deemed for the purpose of this Part of these Regulations to be resident in that part of the United Kingdom in which the address furnished by him to the Society or branch last before the issue of the notice convening the meeting as the address of his place of abode is situated.

(2) Where any members of a Society being resident in a part of the United Kingdom in respect of which the Society is not an Approved Society, are deemed in accordance with Section 16. of the Act of 1913, to reside in the part of the United Kingdom in which the principal office is situated, they shall, on the amalgamation or transfer of engagements transfer of engagements of the Society, continue to be deemed to reside in that part, if the Society to which the members are transferred is not approved for the part in which the members are resident.

(3) The foregoing paragraph of this Article shall apply to any members of a branch of a Society who are deemed to be resident in a part of the United Kingdom in which the registered office of the branch is situated, if the branch to which the members are transferred has not been authorised by the Joint Committee to admit members in the part in which the aforesaid members were actually resident at the date of the amalgamation or transfer of engagements.

105. The amalgamation or transfer of engagements of a Society Date of or branch shall take effect as from such date as the Commissioners amalgamamay determine.

106. Nothing in this Part of these Regulations shall affect any of the powers or duties of the Registrar of Friendly Societies.

PART IX.

DISSOLUTION OF SOCIETIES.

Interpretation.

tion or
transfer.

Saving as to
Registrar of
Friendly
Societies.

107. This Part of these Regulations shall apply to the dissolu- Interpretation of a Society so far as relates to the business transacted by the tion. Society under the principal Act,

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