The following points should be noted about these accounts.
1) Contributors to Friendly Societies may save in personal
accounts on which they can draw during illness as well as receiving
the society's usual sick pay.
2) The decision maker should treat savings in a deposit
account as capital.
3) Any payments received from the account are withdrawals of
capital and are not income, even if paid regularly.
The payments at (3)
. do reduce the value of the account.
