Power to exempt co-operative societies from conditions as to Registration

Notwithstanding anything contained in this Regulation, the Chief Commissioner may, by special order in each case and subject to such conditions, if any as he may impose, exempt any co-operative society from any of the requirements of this Regulation as to registration, if he is satisfied that such exemption is necessary having regard to the nature of the activities of the society or that such exemption is necessary in the public interest or in the interest of the co-operative movement. The powers of the Registrar under section 65 shall not be exercised by an officer below the rank of Assistant Registrar.