Regulation 26

A registered trade union must not create a benevolent fund unless rules governing the creation, administration, protection, control and disposal of the fund and governing all matters connected with or incidental to the fund have been approved in writing by the Registrar.

A registered trade union must not make any new rule or any alteration of any rule of an existing benevolent fund unless the new rule or alteration of any rule has been approved in writing by the Registrar.

An application for the approval of the rules of a benevolent fund under paragraph (1), or of any new rule or alteration of any rule of an existing benevolent fund under paragraph (2), must be —

The Registrar must not approve the rules of a benevolent fund or any new rule or alteration of any rule of an existing benevolent fund (as the case may be) unless the Registrar is satisfied that the interests of the members of the registered trade union in the benevolent fund are adequately safeguarded.

When the rules of a benevolent fund have been approved by the Registrar, the particulars prescribed by item 12 of Form A set out in the First Schedule must be entered in the register.