Section 20 Sum to be demanded for inquiries.

It shall be lawful for the trustees or trustee of any society established under the provisions of this Act to demand and receive from any person applying for a loan, at the time of giving out the form of application, such sum as shall be specified in the enrolled rules, not exceeding F17½p, for the form of application, and the expence of making inquiries into the character and solvency of the applicant, and his proposed sureties, which sum the society shall not be bound to return, although no loan shall be granted; provided that such inquiry shall be made within fourteen days from the time when the application paper shall have been returned to the office of the society, duly filled up, as required by the enrolled rules.