Incorporation of Societies.
1. No society shall be incorporated with the Institute under the provisions of “The New Zealand Institute Act, 1867,” unless such society shall consist of not less than twenty-five members, subscribing in the aggregate a sum of not less than fifty pounds sterling annually for the promotion of art, science, or such other branch of knowledge for
which it is associated, to be from time to time certified to the satisfaction of the Board of Governors of the Institute by the Chairman for the time being of the society.
2. Any society incorporated as aforesaid shall cease to be incorporated with the Institute in case the number of the members of the said society shall at any time become less than twenty-five, or the amount of money annually subscribed by such members shall at any time be less-than £50.
3. The by-laws of every society to be incorporated as aforesaid shall provide for the expenditure of not less than one-third of the annual revenue in or towards the formation or support of some local public museum or library, or otherwise shall provide for the contribution of not-less than one-sixth of its said revenue towards the extension and maintenance of the Museum and library of the New Zealand Institute.
4. Any society incorporated as aforesaid, which shall in any one year fail to expend the proportion of revenue affixed in manner provided by Rule 3 aforesaid, shall from thenceforth cease to be incorporated with the Institute.
5. All papers read before any society for the time being incorporated with the Institute shall be deemed to be communications to the Institute, and may then be published as Proceedings or Transactions of the Institute, subject to the following regulations of the Board of the Institute regarding publications:—