287(1)No forfeiture or suspension is incurred by reason of any default in paying a contribution or assessment, except such as are payable in fixed sums and at fixed dates, until after notice to the member stating the amount due by him and that in case of default of payment within a reasonable time, not less than thirty days, to the proper officer to be named in the notice, his interest or benefit will be forfeited or suspended, and default has been made by him in paying any contribution or assessment in accordance with the notice.

287(2)In subsection (1), “fixed dates” includes any numbered day, or any Monday, Tuesday, or as the case may be, numbered, alternate or recurring, of a stated month or months.

287(3)Where under the constitution and rules of the society a defaulting member is entitled to be reinstated on payment of arrears, after a stated number of days default, this section shall not prejudice the rights of such member.