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Section 46: Subsidiary Government Partnership Fund.

The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989

(1) A central society which is provided with money by an apex society from the ‘Principal Government Partnership Fund’ shall with such money establish a fund to be called the ‘Subsidiary Government Partnership Fund’.

(2) A central society shall utilize the ‘Subsidiary Government Partnership Fund’ for the purpose of—

(a) purchasing shares in primary societies ;

(b) making payment to the apex society in accordance with the provisions of this Chapter ; and for no other purpose.

Where this provision sits

ActThe Jammu and Kashmir Co-Operative Societies Act, 1989
Section46
Marginal noteSubsidiary Government Partnership Fund.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

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