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1979 NI 19 56.(1) Subject to the following provisions of this section, a member of a registered society or of a branch thereof who is not under the age of sixteen may, by a written statement signed by him and during his lifetime delivered at or sent to the registered office of the society or branch, or made in a book kept at that office, nominate a person or persons to whom any sum of money payable by the society or branch on the death of that member, shall be paid at his death. (2) Subject to paragraph 9 of Schedule 9, the total amount payable by a society or branch on the death of a member in pursuance of a nomination under this section (whether in favour of one nominee or more) shall not exceed #500. (3) The sum payable on the death of a member by a registered society or branch shall include sums of money contributed to or deposited in the separate loan fund and any sum of money accumulated for the use of the member under the provisions of this Act, together with interest thereon. (4) Any reference in subsections (1) to (3) to a registered society does not include a benevolent society, a working men's club or an old people's home society. (5) A person nominated under this section must not at the date of the nomination be an officer or servant of the society or branch, unless that officer or servant is the husband, wife, father, mother, child, brother, sister, nephew or niece of the nominator. (6) A nomination by a member of a society or branch under subsection (1) may be revoked or varied by a subsequent nomination by him thereunder or by any similar document in the nature of a variation or revocation signed by the nominator and during his lifetime delivered, sent or made as mentioned in subsection (1) but shall not be variable or revocable by the will of the nominator or by any codicil thereto. (7) The marriage of a member of the society or branch shall operate as a revocation of any nomination previously made by that member under this section. (8) A nomination, or a variation or revocation of a nomination, by a written statement signed by a member of a registered branch and during his lifetime delivered at or sent to the registered office of that branch, or made in a book kept at that office, shall be effectual notwithstanding that the money to which the nomination relates, or some part thereof, is not payable by that branch but is payable by the society or some other branch.
© 1970 Crown Copyright
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