Section 45

Other forms of State aid to co-operative societies.

The Delhi Co-operative Societies Act, 1972

  • Act 35 of 1972
  • Ministry of Agriculture and Farmers Welfare
  • Department of Agriculture, Cooperation and Farmers Welfare
About this Act

An Act to consolidate and amend the law relating to co-operative societies in the Union territory of Delhi.

All sections
    Notwithstanding anything contained in any law for the time being in force, the Central Government may--
         (a) subscribe to the share capital of a co-operative society;
         (b) give loans or make advances to co-operative societies;
         (c) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society;
         (d) guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Central Government;
         (e) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society; and
         (f) give financial assistance in any other form, including subsidies, to any co-operative society.
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