SCHEDULES

SCHEDULE 2Matters to be provided for by the Rules of Societies registered under this Act

PART IProvisions Applicable to all Societies

3(1)Subject to sub-paragraph (2) below, the whole of the objects for which the society is to be established, the purposes for Which the funds thereof shall be applicable, the terms of admission of members, the conditions under which any member may become entitled to any benefit assured by the society, and the fines and forfeitures to be imposed on any member and the consequences of non-payment of any subscription or fine.

(2)Nothing in sub-paragraph (1) above shall require the inclusion in the rules of a registered society of tables relating to the benefits payable to or in respect of any members of the society in pursuance of approved group insurance business, as defined in section 65 of this Act.