State Act
46
Section 46. Subsidiary Government Partnership Fund.
THE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989
In forceJammu and Kashmir (State Act)
46. Subsidiary Government Partnership Fund. (1) A central society which is provided with money by an apex society from the ‘Principal Government Partnership Fund’ shall with such money establish a fund to be called the ‘Subsidiary Government Partnership Fund’. (2) A central society shall utilize the ‘Subsidiary Government Partnership Fund’ for the purpose of— (a) purchasing shares in primary societies ; (b) making payment to the apex society in accordance with the provisions of this Chapter ; and for no other purpose.