Clause 57
Amendment of Third Schedule
of Co-operative Societies (Amendment) Bill
BillNot in forceProvision 57 of 59
Clause 57
The Third Schedule to the principal Act is amended —
(a)
by deleting the words “THIRD SCHEDULE” in the heading and substituting the words “THE SCHEDULE”;
(b)
by deleting the words “The mode of election” in paragraph 13 and substituting the words “The nomination of candidates for election, and the mode of election”;
(c)
by deleting paragraph 15;
(d)
by deleting the words “creation of funds to be lent” in paragraph 18 and substituting the words “provision of loans”; and
(e)
by inserting, immediately after the word “members” in paragraph 18(a), the words “and non-members and the extent to which the society may provide loans to members and non-members”.