THE NATIONAL CO-OPERATIVE DEVELOPMENT CORPORATION ACT, 1962

ACT NO. 26 OF 1962 · Enacted [31st August, 1962.] · 27 sections

Section 1.Short title, extent and commencement.

Section 2.Definitions.

Section 2A.Construction of references to any law not in force or any functionary not existence in the State of Jammu and Kashmir.

Section 3.Establishment of the National Co-operative Development Corporation.

Section 4.Disqualifications for being a member of Corporation.

Section 5.Term of office of members of Corporation.

Section 6.Removal from office of member, etc.

Section 7.Meetings, etc., of Corporation.

Section 8.Officers and other employees of Corporation.

Section 9.Functions of Corporation.

Section 10.Board of Management of the Corporation.

Section 11.Other committees.

Section 12.Grants by the Central Government to Corporation.

Section 12A.Power of Corporation to borrow money.

Section 12B.Grants, donations, etc.

Section 13.Corporation to maintain fund.

Section 14.Returns and reports.

Section 15.Directions by Central Government.

Section 16.Submission of programme of activities and financial estimates.

Section 17.Accounts of Board and audit.

Section 18.Vacancies, etc., not to invalidate acts and proceedings of the Corporation.

Section 19.Delegation.

Section 20.Declaration of fidelity and secrecy.

Section 21.Dissolution of Corporation.

Section 22.Power to make rules.

Section 23.Power of Corporation to make regulations.

Section 24.Repeal and saving.