Friendly Societies Act, 1956 (Act No. 25 of 1956)Chapter III : Administration and Powers of Registered Societies10. Principal officer |
(1) | Every registered society shall have a principal executive officer. |
(2) | The officer referred to in subsection (1) shall be an individual who is resident in the Republic, and if he is absent from the Republic or unable for any reason to discharge any duty imposed upon him by any provision of this Act, the society shall, in the manner directed by its rules, appoint another officer within thirty days to be its principal officer. |
[Section 10(2) amended by section 38 of Act No. 104 of 1993]
(3) | Within thirty days of the registration of a society under this Act, the person managing the business of the society shall notify the Authority of the name of the principal officer of the society. |
(4) | Whenever a registered society has appointed a new principal officer, the person managing the business of the society shall within thirty days as from such appointment give notice thereof in writing to the Authority. |