Mandating Procedures of Provinces Act, 2008
R 385
Friendly Societies Act, 1956 (Act No. 25 of 1956)Chapter III : Administration and Powers of Registered Societies18. Payment of benefits to nominees |
| (1) | If the rules of a society so provide, and subject to any conditions or limitations that may be specified in the said rules, a member or former member of a society may, by writing under his hand delivered at or sent to the registered office of the society, nominate any person to whom any money payable by the society on the death of such member or former member shall be paid at his decease, and may from time to time revoke or vary any such nomination by writing under his hand similarly delivered or sent. |
| (2) | On proof of the death of a member or former member referred to in subsection (1), the society concerned shall pay to the nominee of the deceased the amount due and payable to the nominee in terms of the said nomination. |
