State Act
46
Section 46. Subsidiary State partnership Fund
THE UTTARAKHAND CO-OPERATIVE SOCIETIES ACT, 2003
Act no. 5 of 20032003In forceUttarakhand (State Act)
46. (1) A central society which is provided with moneys by an apex society from the principal State partnership fund shall, with such moneys, establish a fund to be called the Subsidiary State partnership Fund. (2) A central society shall utilize the subsidiary State partnership fund for the purpose of— (a) purchasing shares in primary societies; (b) making payments to the apex society in accordance with the provisions of this chapter, and for no other purpose.