Part II Incorporated Friendly Societies
Benefit terms
18 Terms on which benefits are available.
(1)
The terms on which an incorporated friendly society provides any benefit shall be—
(a)
specified in its rules; or
(b)
determined in a manner specified in its rules.
(2)
If the terms on which a benefit is provided are not specified in the society’s rules, the society—
(a)
shall make copies of them available free of charge to members of the society at every office of the society; and
(b)
shall send, free of charge, copies of them to any member of the society who demands them.
(3)
If, on demand made of it under subsection (2) above, a society fails, in accordance with that subsection, to make available or, as the case may be, within 7 days of the demand, to send to a person a copy of the terms on which a benefit is provided, the society shall be guilty of an offence and liable on summary conviction to a fine not exceeding level 3 on the standard scale.
(4)
Schedule 9 to this Act shall have effect in relation to nominations by members of incorporated friendly societies and related matters.