Repeal of Act 19 of 1961

The Andhra Pradesh Co-operative Central Agricultural Development Bank (Corporation) Act, 1961 is hereby repealed:

Provided that any bank existing at the commencement of the Andhra Pradesh Co-operative Laws (Amendment) Act, 1987 which has been registered or deemed to have been registered under the repealed Act shall be deemed to have been registered under the Andhra Pradesh Co-operative Societies Act, 1964, and the bye laws of such bank shall, so far as they are not inconsistent with the provisions of the said 1964 Act or the rules made thereunder, continue to be in force, until altered or added in accordance with the provisions of the said Act and the rules made thereunder.

1. Short title and commencement

1. (1) This Act may be calleh the Andhra Pradesh Co-operative Laws (Amendment) Act, 1987.
2. (2) Sections 4(1), 6, 7 to 11 and 13 shall come into force on such date as the State Government may, by notification, appoint and the remaining provisions shall come into force at once. 2. Amendment of Section 32, Act 7 of 1964 In the Andhra Pradesh Co-operative Societies Act, 1964 (hereinafter referred to as the principal Act), in section 32, in sub-section (7), in clause (a), for the words "two years", the words "three years" shall be substituted. 3. Amendment of section 61 In section 61 of the principal Act,-
   • (i) in sub-section (3), in clause (b), after the words "till election", the expression "till the election of a President of a Primary Co-operative Society referred to in sub-section
3. (5) of section 31 shall be inserted;
   • (ii) in sub-section (4), for the expression "to committee shall be referred under sub-section
4. (1) or", the expression "shall be referred under" shall be substituted. 4. Amendment of Section 35 In section 31 of the principal Act,-
5. (1) in sub-section (1),-
   • (i) in clause (a),-
   • (a) the first proviso shall be omitted;
   • (b) in the second proviso, for the words "Provided further" the words "Provided" shall be substituted;
   • (c) in the third proviso for the words "provided also", the words "provided further" shall be substituted.
     • (ii) in clause
   • (b) in the first proviso, the words "an Agricultural Development Bank" and "a Primary Co-operative Marketing Society" shall be omitted.
6. (2) after subsection (4), the following sub-section shall be added, namely:- "(5) In the case of all primary cooperative societies, the president shall, subject to the provisions of section 21-A, be elected by the members of the general body from among themselves in the manner prescribed. The president elected under this sub-section shall be an ex-officio member of the Committee." 5. Repeal of Ordinance 5 of 1987 and Ordinance 9 of 1987 In section 34-A of the principal Act, after subsection (13), the following subsection shall be added namely:- "(14) The provisions of this section shall not apply in respect of president of any cooperative society elected by the members of the general body from among themselves."