FRIENDLY SOCIETIES ACT (NORTHERN IRELAND) 1970

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FRIENDLY SOCIETIES ACT (NORTHERN IRELAND) 1970 - SECT 70



70.(1) Any two or more registered societies may, by special resolution of each
of them, become amalgamated together as one society, with or without any
dissolution or division of the funds of those societies or any of them.

(2) A registered society may, by special resolution, transfer its engagements
to any other registered society which, by special resolution or in such other
manner as may be authorised by its rules, undertakes to fulfil those
engagements.

(3) Before a registered society becomes amalgamated with, or transfers its
engagements to, another friendly society in pursuance of subsection (1) or
subsection (2), or transfers its engagements to a company in pursuance of
section 72, information relating to the terms of the proposed amalgamation or
transfer shall be given to the members of the society

(a)by sending to each member of the society, not less than 14 days before the
date of the general meeting at which the resolution for the amalgamation or
transfer is to be proposed, a notice in terms approved for the purpose by
the registrar; or

(b)if the registrar so allows in the case of all or any of the members of the
society, by placing an advertisement, in terms approved for the purpose by
him, in such newspaper or newspapers, and at such time or times, as he may
specify.

(4) Where, in accordance with section 75, there is sent to the registrar a
copy of a special resolution passed at a meeting of a registered friendly
society

(a)for the purpose referred to in subsection (1) or subsection (2), or

(b)for the purpose of transferring the engagements of the friendly society to
a company in pursuance of section 72,

(5) A registered society consisting wholly of members under the age of
twenty-one and a registered society or branch or branches of a society having
members above that age may, by resolutions registered in the manner required
for the registration of an amendment of rules, become amalgamated together as
one society or branch, or provide for distributing among several branches the
members of a society consisting wholly of members under the age of twenty-one;
and the preceding provisions of this section shall not apply to such an
amalgamation.

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Northern Irish Legislation

FRIENDLY SOCIETIES ACT (NORTHERN IRELAND) 1970 - SECT 70