Notwithstanding anything contained in any law foi the time being inforce, the [State]1 Govern ment may grant loans to, take shares in. guarantee the principal or the interest or both in respect of debentures issued by or give financial assistance in any other form to. any registered society, which puts forward a satisfactory scheme for ffic utilisation of the funds so raised. The [State]' Government may recover from any society out of its net profit in any year all or any part of such financial assistance.
Section 43: Power of Government to give financial assistance
The Assam Co-operative Societies Act, 1949State Act of Assam · Act 1 of 1950
Where this provision sits
| Act | The Assam Co-operative Societies Act, 1949 |
|---|---|
| Section | 43 |
| Marginal note | Power of Government to give financial assistance |
| Jurisdiction | State of Assam |
| Status | In force as published by the source |
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