The National Insurance Act 1911 Being a Treatise On the Scheme of National Hea
The National Insurance Act 1911 Being a Treatise On the Scheme of National Hea
Orme Bigland Clarke
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tered office or other principal place of business is situate. . The Insurance Committees for the coiinty or county Object of boroughs will take the place occux)ied by the central hnancial the Section. Committee in the case of au association of societies. The association or group is then to be valued, and surpluses dealt with, as if all the societies in any association or g-roup were branches of a single society, i. E. In accordance with sees. 36 and 37, supra, and, where those sections refer to... the central authority of a society, a reference to the central financial committee of the association, or to the Insurance Committee for the county or county borough, is, as the case may require, to be substituted. For this pui-pose associated or grouped societies which are societies with branches are to be treated as if each branch were a separate society. (Note. — There is no provision in subsec. (4) applying the pro- visions of sec. 38 as to deficits to association or groups of societies. Quaere whether the inference to be drawn from the words " for the purposes of valuation " and from the provisions of subsecs.
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