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Jammu and Kashmir Cooperative Societies (Amendment) Act, 2010. (Act No. X of 2010).

Country/Territory
Jammu and Kashmir (India)
Document type
Legislation
Date
2010
Source
FAO, FAOLEX
Long title
An Act to amend the Jammu and Kashmir Co-operative Societies Act, 1989.
Subject
Agricultural & rural development
Keyword
Cooperative/producer organization Agricultural development Registration Institution Financial agricultural measures Fiscal and market measures Legal proceedings/administrative proceedings
Entry into force notes
This Act enters into force on the date of its publication in the Government Gazette.
Abstract

This Act may be called the Jammu and Kashmir Co-operative Societies (Amendment) Act, 2010. It amends several sections of the principal Act, 1989 concerning administrative and legal proceedings of banking and financial sector. Amended section 2 establishes new definitions and clauses renumbering, namely: "(a) Apex Co-operative Bank means a Co-operative Federation at State level engaged in business of banking; ii) "(bb) Central Co-operative Bank means a central society engaged in business of banking; (bba) 'Chartered Accountant' means a member of the Institute of Chartered Accountants of India within the meaning of Chartered Accountants Act, 1949 (38 of 1949)", the clause shall be inserted, namely: "(ee) 'Co-operative Credit Structure Society' includes the Apex Co-operative Bank, a Central Co-operative Bank and a Primary Agricultural Credit Society"; Amended section 6 are: (i) in sub-section (I), "the Registrar shall, within one month from the date of receipt of application, register the society provisionally"; and (ii) in sub-section (2) for the words "he shall communicate" the words "he shall within one month from the date of receipt of application, communicate".

Full text
English
Website
www.india.gov.in

References - Legislation

Amends

Jammu and Kashmir Cooperative Societies Act, 1989 (Act No. X of 1989).

Legislation | Jammu and Kashmir (India) | 1989

Keyword: Cooperative/producer organization, Agricultural development, Registration, Institution, Basic legislation

Source: FAO, FAOLEX