Friendly Societies Act 1974

[F124 Trustees of registered societies and branches.U.K.

(1)Every registered society and branch shall have one or more trustees.

(2)The trustees may be appointed—

(a)by a resolution of the society or branch in general meeting; or

(b)in such other manner as the rules of the society or branch may provide.

(3)If a trustee is appointed under subsection (2)(a) above, the society or branch shall send to the [F2Authority] a copy of the resolution appointing him, signed by the trustee so appointed and by the secretary of the society or branch.

(4)If a trustee is appointed under subsection (2)(b) above, the society or branch shall send to the [F2Authority]

(a)notice of his appointment signed by the secretary of the society or branch; and

(b)an acceptance of office signed by the trustee so appointed.

(5)In the case of the appointment of a trustee of a branch, any document referred to in subsection (3) or (4) above shall be sent to the [F2Authority] through an officer appointed in that behalf by the society of which the branch forms part.

(6)The same person may not be a secretary or treasurer of a registered society or branch and also a trustee of that society or branch.]

Textual Amendments

F1S. 24 substituted (1.1.1994) by Friendly Societies Act 1992 (c. 40), s. 95, Sch. 16 para. 9 (with ss. 7(5) and 93(4)); S.I. 1993/2213, art. 2 Sch. 6.

F2Words in s. 24(3)-(5) substituted (17.8.2001 for certain purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 13(1), Sch. 3 Pt. I para. 9 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)