5. The Laccadive, Minicoy and Amindivi Islands Co-operative Societies Regulation, 1960.Regulations · 1960
(1) No society, other than a society of which a member is a registered society, shall be registered under this Regulation which does not consist of at least ten persons who have attained the age of majority within the meaning of section 3 of the Indian Majority Act, 1875, and, where the object of the society is the creation of funds to be lent to its members, unless such person3—
(a) reside within the Islands;
(to) save where the Registrar otherwise directs, are members of the same tribe, class, or occupation.
(2) The word "limited" shall be the last word in the name of every society with limited liability registered under this Regulation.
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