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Section 46: State aid to co-operative societies

The Haryana Co-operative Societies Act, 1984 (22 of 1984)State Act of Haryana · Act 1 of 1984

Notwithstanding anything contained in any law for the time being in force, the Government may –

(a) subscribe to the share capital of a co-operative society;

(b) give loans or make advances to a co-operative society;

(c) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society;

(d) guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Government;

(e) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society; and

(f) give financial assistance in any other form including subsidies to any co-operative society.

CHAPTER VII ACCOUNTS AND RECORD

Where this provision sits

ActThe Haryana Co-operative Societies Act, 1984 (22 of 1984)
Section46
Marginal noteState aid to co-operative societies
JurisdictionState of Haryana
StatusIn force as published by the source

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