Section 12B
Grants, donations, etc.
The National Co-operative Development Corporation Act, 1962
About this Act
An Act to provide for the incorporation and regulation of a corporation for the purpose of planning and promoting programmes for the production, processing, marketing, storage, export and import of agricultural produce, foodstuffs industrial goods, livestock, certain other commodities and services on co-operative principles and for matters connected therewith or incidental thereto.
1[12B. Grants, donations, etc.--(1) The Corporation may receive gifts, grants, donations or
benefactions from Government or any other agency in or outside India.
(2) The Corporation shall not receive any gifts, grants, donations or benefactions from a foreign government or, any other agency outside India except with the previous approval of the Central Government.]
(2) The Corporation shall not receive any gifts, grants, donations or benefactions from a foreign government or, any other agency outside India except with the previous approval of the Central Government.]
Notes
1. Ins. by Act 45 of 2002, s. 6 (w.e.f. 16-9-2002).