Assam Co-operative Societies (Amendment) Act, 2012
No: 4 Dated: Feb, 05 2013
THE ASSAM CO-OPERATIVE SOCIETIES (AMENDMENT)ACT, 2012
ASSAM ACT NO. IV OF 2013
An Act to amend the Assam Co-operative Societies Act, 2007.
Preamble:- Whereas it is expedient to amend the Assam Co-operative Societies Act, 2007, hereinafter referred to as the principal Act, in the manner hereinafter appearing ;
It is hereby enacted in the Sixty-third Year of the Republic of India ,as follows :-
1. Short title, extent and commencement:-(1) This Act may be called the Assam Co-operative Societies ( Amendment) Act, 2012.
(2) It shall have the like extent as the principal Act.
(3) It shall come into force at once.
2. Amendment of section 2:- In the principal Act, in section 2,-
(i) for clause (g) and (x) , the following shall be substituted, namely:-
“(g) “Board” means the Board of Directors or the Governing Body of a Co-operative society to which the direction and control of the management of the affairs of a society is entrusted to;
(x) “office bearer” means a President Vice-President, Chairperson, Vice-chairperson, Secretary or Treasurer of a Co-operative Society and includes any other person to be elected by the Board of any Co-operative Society;” ;
(ii) after clause (e) ,the following clause (ea) shall be inserted, namely:-
“(ea) “authorized person” means the persons authorized under the Assam Co-operative Societies Act, 2007 , for the offences relating to the Co-operative Societies and penalties for such offences as referred to in Article 243 ZQ of die Constitution of India;” ;
(in) after clause (s) , the following new clause(sa) shall be inserted , namely :-
“(sa) “Election Authority” means the Registrar on whom the superintendence, direction and control of the preparation of electoral rolls for, and the conduct of, all elections to a Cooperative society has been vested under subsection (1) of section 41;” ;
(iv) after clause (aa), the following new clause (aaa) shall be inserted , namely :
“(aaa) “Promoter” means any eligible person or registered society signing the application for registration of a Co-operative society;”;
(v) after clause(hh), the following new clause(hhh) shall be inserted ,namely :
“(hhh) “State Level Co-operative society” means a Co-operative Society having its area of operation extending to the whole of the State of Assam;”
3. Amendment of section 4A:- In the principal Act, in section 4A, in clause(a), for the words “or period not exceeding five years in the aggregate as may from time to time specified by the Reserve Bank”, the words “not exceeding one year or as may be specified by the Reserve Bank from time to time” shall be substituted.