State Act
52
Section 52. Agreement by State Government and apex societies.
THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.
Act no. 11 of 19591959In forceKarnataka (State Act)
52. Agreement by State Government and apex societies.- Subject to the foregoing provisions of this Chapter,— (a) the State Government may enter into an agreement with an apex society setting out the terms and conditions on which it shall provide moneys to the apex society for the purpose specified in section 44; (b) an apex society may, with the previous approval of the State Government, enter into an agreement with a central society, setting out the terms and conditions on which it shall provide moneys to that society from the ‘Principal State Partnership Fund’ for the purpose specified in clause (b) of sub-section (2) of section 43.