Collecting Societies and Industrial Assurance Companies Act 1896
| Jurisdiction | UK Non-devolved |
| Citation | 1896 c. 26 |
| Year | 1896 |
Collecting Societies and Industrial Assurance Companies Act, 1896
(59 & 60 Vict.) CHAPTER 26.
An Act to consolidate the Enactments relating to Friendly Societies and Industrial Assurance Companies which receive Contributions and Premiums by means of Collectors.
[7th August 1896]
B E it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:
1 Application of Act.
1. This Act shall apply to every such—
as receives contributions or premiums by means of collectors at a greater distance than ten miles from the registered office or principal place of business of the society or company, and, in the case of an industrial assurance company, at less periodical intervals than two months:
Provided that nothing in this Act shall, except as expressly provided thereby, apply to any assurance with an industrial assurance company the premiums in respect of which are receivable at greater periodical intervals than two months.
2 Copies of rules and policies.
(1)2.—(1.) A collecting society shall deliver to every person, on his becoming a member of or insuring with the society, a copy of the rules of the society, together with a printed policy signed by two of the committee and by the secretary, at a price not exceeding one penny for the rules and one penny for the policy.
(2) (2.) In the case of a family enrolled in one book or card, one copy of rules and one family policy shall be sufficient.
3 Notice before forfeiture.
3. A forfeiture shall not be incurred by any member or person insured in a collecting society or industrial assurance company by reason of any default in paying any contribution until after—
4 Transfers without written consent.
(1)4.—(1.) A member of or person insured with a collecting society or industrial assurance company shall not, except in the case of—
(a ) as respects a collecting society, an amalgamation transfer of engagements or conversion into a company under the Friendly Societies Act, 1896 ; or
(b ) as respects an industrial assurance company, an amalgamation or transfer of business under the Life Assurance Companies Acts, 1870 to 1872 ,
become or be made a member of or be insured with any other such society or company without his written consent, or, in the case of an infant, without the consent of his father or other guardian.
(2) (2.) The society or company to which the member or person is sought to be transferred shall, within seven days from his application for admission to that society or company, give notice thereof in writing to the society or company from which he is sought to be transferred.
5 General meetings
(1)5.—(1.) At least one general meeting of every collecting society and industrial assurance company shall be held in every year.
(2) (2.) Except where the day, hour, and place of an annual or other periodical meeting is fixed by the rules, notice of every general meeting shall either be given by the society or company to the members by advertisement to be published at least twice in two or more of the newspapers in general circulation in every county where the society or company carries on business, or be served upon every member.
(3) (3.) The notice shall specify the day, hour, and place, and the objects of the meeting, and in case any amendment of a rule is intended to be proposed shall contain a copy of every such amendment.
(4) (4.) The society or company shall publish the last of such advertisements, or serve such notice as aforesaid, at least fourteen days before the day appointed for the meeting, and shall during those fourteen days keep a copy of the notice in legible characters affixed in some conspicuous place in or outside every office at which the business of the society or company is carried on.
(5) (5.) For the purposes of this section the several ridings of the county of York, the several Channel Islands, and the Isle of Man respectively, shall be deemed to be counties.
6 Balance sheets and annual returns.
(1)6.—(1.) A copy of every balance sheet of a collecting society shall, during the seven days next preceding the meeting at which the balance sheet is to be presented, be kept open by the society for inspection at every office at which the business of the society is carried on, and shall be delivered or sent by post to every member on demand.
(2) (2.) The annual returns required to be sent to the registrar under the Friendly Societies Act, 1896, shall, in the case of a collecting society, be certified by some person not an officer of the society (otherwise than as auditor thereof) carrying on publicly the business of an accountant, and if not so certified shall be deemed not to have been made.
7 Disputes.
7. In all disputes between a collecting society or industrial assurance company and any member or person insured, or any person claiming through a member or person insured, or under the rules, that member or person may, notwithstanding any provisions of the rules of the society or company to the contrary, apply to the county court, or to the...
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