Clause 37
Amendment of section 66
of Co-operative Societies (Amendment) Bill
BillNot in forceProvision 37 of 67
Clause 37
Section 66(1) of the principal Act is amended by deleting paragraph (b) and substituting the following paragraphs:“(b)ordinary shares subscribed and paid up by members;
(ba)permanent shares subscribed and paid up by institutional members;”.