Life Insurance Act 1995
16ZAADModification of section 226
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16ZAAD Modification of section 226
Section 226 of the Act has effect in relation to a friendly society as if subsection (1) of that section were omitted and the following subsections substituted: (1) A friendly society must keep a register of members for each approved benefit fund of the society. (1A) The register must include: (a) the name and address of each member of the approved benefit fund; and (b) the date of each member’s admission to membership; and (c) for each membership terminated—the date and circumstances of the termination. (1B) The register must be kept in parts so that the information for a member living in a particular State or Territory is kept in a part of the register for that State or Territory.