SCHEDULES

SCHEDULE 4 Incorporation of Registered Friendly Societies: Supplementary

Effect of incorporation on registered society

4

On incorporation of the registered society—

a

a person who was immediately before incorporation a member of the registered society shall be a member of the incorporated society;

b

any appointment as trustee or treasurer of the society shall determine; and

c

all other persons who were officers of the registered society shall become officers, holding corresponding offices, of the incorporated society;

but paragraph (c) above is without prejudice to anything done by the society after incorporation as respects the election or appointment of members of its committee of management and its other officers.