Pension, Endowment, Life Assurance and Other Schemes for Employees of Commercial Enterprises

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Sir I. Pitman & sons, Limited, 1920 - Industrial life insurance - 94 pages
 

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Page 93 - Every object for which the trade union is to be established, the purposes for which the funds thereof shall be applicable and the conditions under which any member may become entitled to any benefit assured thereby, and the fines and forfeitures which may be imposed on any member of such trade union.
Page 94 - The right of one-fifth of the total number of members, or of one hundred members in the case of a society of one thousand members and not exceeding ten thousand, or of five hundred members in the case of a society of more than ten thousand members...
Page 93 - Act. 1. The name of the trade union and place of meeting for the business of the trade union. 2. The whole of the objects for which the trade union is to be established, the purposes for which the funds thereof shall be applicable, and the conditions under which any member may become entitled to any benefit assured thereby, and the fines and forfeitures to be imposed on any member of such trade union. 3. The manner of making, altering, amending, and rescinding rules.
Page 93 - The keeping separate accounts of all moneys received or paid on account of every particular fund or benefit assured for which a separate table of contributions payable shall have been adopted, and the keeping separate account of 30 the expenses of management, and of all contributions on account thereof.
Page 93 - The voluntary dissolution of the society by consent in a friendly society of not less than five-sixths in value of the members, and of every person for the time being entitled to any benefit from the funds of the society, unless his claim be first satisfied or adequately...
Page 91 - Act, 1902, an employer must not make it a condition of employment (a) that any workman shall discontinue his membership of any friendly society, or (b) that any workman shall not become a member of any friendly society other than the shop club or thrift fund.
Page 93 - ... 3. The mode of holding meetings and right of voting, and the manner of making, altering, or rescinding rules. 4. The appointment and removal of a committee of management (by whatever name), of a treasurer and other officers, and...
Page 92 - ... to a fine not exceeding five pounds, and in the case of a third or subsequent offence...
Page 93 - ... of the central body, and the conditions under which a branch may secede from the society. 5. The investment of the funds, the keeping of the accounts, and the audit of the same once a year at least. 6. Annual returns to the registrar of the receipts, funds, effects, and expenditure, and numbers of members, of the society. 7. The inspection of the books of the society by every person having an interest in the funds of the society.
Page 93 - The whole of the objects for which the society is to be established, the 5 purposes for which the funds thereof shall be applicable, the terms of admission of members, the conditions under which any member may become entitled to any benefit assured thereby, and the fines and forfeitures to be imposed on any member.

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