Friendly society

Where a first deposit is made by a friendly society registered under the Friendly Societies Act, the following rules shall apply, (a) Before making a deposit the duly authorised officer or officers of the society shall forward to the Minister an application signed by the said officers for authority to make the deposits, specifying by what officer or officers of the society it is proposed moneys deposited by the said society should be withdrawn from time to time, and bearing and containing such signatures and other information as the Minister shall require. The Minister may from time to time prescribe the form of such application. (b) The duly authorised officers of a friendly society by direction in writing signed by them may from time to time amend their application so far as relates to the specification of officers of the society by whom deposits of the society may be withdrawn, and may specify other officers in lieu thereof or in addition thereto. The Minister may from time to time prescribe the form of such direction. (c) The persons named in any such direction for the purpose of withdrawing deposits shall sign their names on the form of direction. 12 Savings Bank