16Application by Friendly Societies, unincorporated associations etc

16 Application by Friendly Societies, unincorporated associations etc

(1) An application by an unincorporated association or by a Friendly Society, Trade Union, or any branch thereof, for inscribed stock shall be in accordance with Form 1 or in accordance with the form accompanying the prospectus of a loan in respect of which the application is made, or in accordance with Form 15 or Form 33, and shall contain the particulars specified in the form.

(2) Whenever an application for stock is made by an unincorporated association or by a Friendly Society, Trade Union or any branch thereof, or a transfer of stock to an unincorporated association or a Friendly Society, Trade Union or any branch thereof is delivered to the Registrar, there shall be furnished to the Registrar a certificate in accordance with an approved form, unless the Registrar is already in possession of such a certificate.

(3) Whenever any change occurs in the persons authorized in accordance with the form approved under subregulation (2), there shall be furnished to the Registrar a fresh certificate in accordance with that form.