(a) contracts guaranteeing the fidelity of officers, servants or employees of the branches or subdivisions of the corporation,

(b) a society that before the coming into force of this Act was bona fide transacting exclusively with its members endowment insurance in the Province, and that has continued so to do up to the date of application for licence,

(c) in so far as it relates to annuities upon lives, a society, the membership of which is limited by its constitution or laws to local government or government employees undertaking annuities on lives in the nature of old age pensions.

(a) contracts guaranteeing the fidelity of officers, servants or employees of the branches or subdivisions of the corporation,

(b) a society that before the coming into force of this Act was bona fide transacting exclusively with its members endowment insurance in the Province, and that has continued so to do up to the date of application for licence,

(c) in so far as it relates to annuities upon lives, a society, the membership of which is limited by its constitution or laws to municipal or government employees undertaking annuities on lives in the nature of old age pensions.

(a) contracts guaranteeing the fidelity of officers, servants or employees of the branches or subdivisions of the corporation,

(b) a society that before the coming into force of this Act was bona fide transacting exclusively with its members endowment insurance in the Province, and that has continued so to do up to the date of application for licence,

(c) in so far as it relates to annuities upon lives, a society, the membership of which is limited by its constitution or laws to municipal or government employees undertaking annuities on lives in the nature of old age pensions.