Queensland Consolidated Acts
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FAMILY SECURITY FRIENDLY SOCIETY (DISTRIBUTION OF MONEYS) ACT 1991
TABLE OF PROVISIONS
Long Title
Contents
1. Short title
2. Definitions
3. Certain sections of Friendly Societies Act 1991 not to apply etc.
4. Inconsistency between this Act and other Acts
4A. Appointment of administrator of Society
5. Administrator to collect property of Society
6. All contributions by investors taken to have been deposited into a common fund
7. Powers of administrator
8. Additional power of administrator in relation to amounts lent by Society
9. Application of moneys
10. Protection of administrator etc.
11. Administrator to advertise before applying moneys
12. Things that must be in the advertisement
13. Administrator may write to known claimants
14. Claims not received by specified day
15. Amounts confirmed with administrator during administration taken to be claims
16. Administrator to consider claims
17. Administrator to decide claims
18. Administrator to notify claimants
19. Administrator to pay expenses and creditors
20. Administrator to distribute investors' moneys to investors who have made proven claims
21. Payment of claimant in foreign country
22. Acceptance of claim initially rejected or not accepted in full
23. Moneys received by investor from third party
24. Further moneys available for distribution
25. Administrator's decision final
26. Regulations
27. Transitional provisions
28. Continued application of repealed Friendly Societies Act 1991
29. Society not a continuing society
30. Administrator must give Minister a report about the administration of the society
31. Dissolution of society
32. Ending of society's administration and cancellation of society's registration
Endnotes
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