SCHEDULES
SCHEDULE 3 Establishment, Incorporation and Constitution of Incorporated Friendly Societies
Requirements for establishment and incorporation
I11
1
Any 7 or more persons may establish a society under this Act by taking the following steps—
a
agreeing upon the purposes of the society and upon the extent of its powers in a memorandum the provisions of which comply with the requirements of this Schedule;
b
agreeing upon rules for the regulation of the society which comply with the requirements of this Schedule; and
c
sending to the F4FCA 3 copies of the memorandum and the rules, each copy signed by at least 7 of those persons (or, if there are only 7, by all of them) and (unless the secretary is to be elected) by the intended secretary.
2
Where two or more friendly societies propose to amalgamate under section 85 above, they shall establish their successor society by—
a
agreeing upon the purposes of their successor and upon the extent of its powers in a memorandum the provisions of which comply with the requirements of this Schedule;
b
agreeing upon rules for the regulation of their successor which comply with the requirements of this Schedule;
c
each approving the memorandum and the rules by special resolution; and
d
sending to the F4FCA 3 copies of the rules and of the memorandum, each copy signed by the secretary of each of the societies participating in the amalgamation.
3
Where copies of the memorandum and the rules are sent to the F4FCA in accordance with sub-paragraph (1)(c) or (2)(d) above, the F4FCA, if satisfied that—
a
the memorandum and the rules are in conformity with this Act; and
b
the intended name of the society is not, in its opinion, undesirable,
shall register the society and issue it with a certificate of incorporation.