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Section 46: Subsidiary State Partnership Fund

The Uttar Pradesh Co-Operative Societies Act, 1965State Act of Uttar Pradesh · Act 11 of 1966

(1) A central society which is provided with moneys by an apex society form the Principal State Partnership Fund shall, with such moneys, establish a fund to be called the Subsidiary state Partnership Fund.

(2) A central society shall utilize the Subsidiary state Partnership Fund for the purpose of-

(a) purchasing shares in primary societies ;

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

Where this provision sits

ActThe Uttar Pradesh Co-Operative Societies Act, 1965
Section46
Marginal noteSubsidiary State Partnership Fund
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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