Assam Cooperative Societies Act, 1949 (Assam Act No. I of 1950).
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act makes provision for the establishment, registration, operation and management of Cooperative Societies in the Province of Assam.
The Act empowers the State Government to appoint a person to be the Registrar of Cooperative Societies for the registration, supervision, assistance, counsel and control of registered societies. The Act also sets out criteria and conditions for registration of cooperative societies.
The Act further provides for: insured Cooperative Banks; rights and liabilities of members of registered societies; management and operation of registered societies; duties and privileges of registered societies; property and funds of registered societies; audit; inquiry and inspection; settlement of disputes; dissolution of societies; recovery of sums due and enforcement of obligations; offences and penalties; etc.
The Act empowers the State Government to appoint a person to be the Registrar of Cooperative Societies for the registration, supervision, assistance, counsel and control of registered societies. The Act also sets out criteria and conditions for registration of cooperative societies.
The Act further provides for: insured Cooperative Banks; rights and liabilities of members of registered societies; management and operation of registered societies; duties and privileges of registered societies; property and funds of registered societies; audit; inquiry and inspection; settlement of disputes; dissolution of societies; recovery of sums due and enforcement of obligations; offences and penalties; etc.
Attached files
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Long title of text
An Act to facilitate the formation and working of Cooperative Societies and to consolidate and amend the Law relating to Cooperative Societies in the Province of Assam.
Entry into force notes
This Act enters into force on 1 April 1950.
Notes
Consolidated version of Assam Act No. I of 1950 as amended last by Assam Act No. XIX of 1990.This Act repeals the Cooperative Societies Act, 1912 (Act No. II of 1912) in so far as it applies to Assam.
Repealed
Yes
Source language
English
Legislation Amendment
No
Implemented by
Repealed by