1899.] Proposed alterations in the Society's Rules. 95 



Rule 66. The accounts and voucliers of the receipts and expeiuli- 

 tare of the Society shall be submitted, Mouthly and Annually, to a 

 Finance Committee of tlie Council for examination and audit; they 

 shall also be presented at each Alonthly fleeting, and the annual account 

 shall be laid on tlie Library table for one month for inspection by 

 Members. Sepai'ate accounts shall be kept of all grants of money made 

 by Government. 



Proposed alteration ii^ RuLii: QQ -. Omit the words shall be presented, 

 etc. For all grants of money, etc. lead " ^1 funds administered by the 

 Society on behalf of Government." Add "The Annual Statement of 

 Account shall after professional audit be printed in the Proceedings of 

 tlie Society." 



Reason: — Tlie alteration brings the rule into accordance with the 

 practice of the Society. 



Rule 67. Of the Funds of the Society now invested in Govern- 

 ment Secjirities Rs. J, '20, 000 shall be considered as a Permanent Reserve 

 Fund for the benefit of the Society, &c. 



Proposed alteration, omit the word " now " ; after the word " Secu- 

 rities " add "on the 15th Nov. 1876 " and after " Rs. 1,20,000" add, 

 " together with all additions which have been, or may be, made in 

 accordance with Rules 69 and 70." 



Rule 69. Whenever the Teynpnrary Vested Fund shall exceed the stiin 

 of Rs. 10,000, it shall be laiuful to the Conncil, if they consider it desirable 

 to transfer such excess to the Permanent Reserve Fund and the provisions 

 of Rule 67 shall apply to these additions exactly as if tliey had formed 

 part of the original sum. 



Proposed ALTERATION. For the words ' Whenever ' &c. substitute 

 " The Council shall have the power to make, from time to time, such 

 additions as they consider desirable." 



Reason. Rule 70 provided that all admission and compounding 

 fees should be immediately transferred to the Permanent Reserve Fund. 

 In 1890 this rule was altered so that the Council can now, when neces- 

 sary, apply entrance fees to meeting the current expenditure of the 

 Society. The practice has been to follow the spirit of Rule 70 in its 

 original form and to transfer the admission fees to the Permanent 

 Reserve Fund whenever this was possible. It seems desirable to 

 legalise this practice apart from the arbitrary limit of Rs. 10,000 to the 

 Temporary Vested Fund. 



Rule 78. When the introduction of any new Bye-laiv, or the 



