Clause 1. — (Extension of purposes for which policies may be issued.)

Part of Orders of the Day — Industrial Assurance and Friendly Societies Bill. – in the House of Commons on 15th March 1929.

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Photo of Mr Thomas Inskip Mr Thomas Inskip , Bristol Central

I beg to move, in page 2, line 7, at the end, to add the words: (3) In relation to such policies, subsection (2) of section four of the Industrial Assurance Act, 1923 (which makes provision as to the persons to whom payments may be made on the death of a child under ten years of age), shall, in lieu of section sixty-three of the Friendly Societies Act, 1896, apply to all registered friendly societies as it applies to collecting societies. This Amendment is a purely formal one. It was found that Section 63 of the Friendly Societies Act, 1890, forbids a friendly society which is not a collecting society, from paying any sum on the death of a child under 10 years except to the parent of the child. A friendly society which is a collecting society may pay such sum; there is another Act which brings about that result. The new Sub-section will put friendly societies which are not collecting societies in precisely the same position as friendly societies which are collecting societies.