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Section 45C: Disclosure and declaration of interest.

The Multi-State Co-operative Societies Act, 2002Central Act · Act 39 of 2002

[45C. Disclosure and declaration of interest. --(1) Before appointing any person as Chairperson, Vice-Chairperson or Member, the Central Government shall satisfy itself that the person does not have any such financial or other interest as is likely to affect prejudicially his functions as such Chairperson, Vice-Chairperson or Member.

(2) The Chairperson, Vice-Chairperson or Members shall immediately after entering office and every year thereafter, make a declaration as to the extent of their interest, whether direct or indirect and whether financial or otherwise, in any co-operative society.

(3) The declaration so made under sub-section (2) shall be placed in the public domain by the Authority.]

Where this provision sits

ActThe Multi-State Co-operative Societies Act, 2002
Section45C
Marginal noteDisclosure and declaration of interest.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. . Subs. by s. 17, ibid., for section 45 (w.e.f. 3-8-2023).

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