But it may purchase cloth or fabric or product of other weavers’ co-operative societies with general or special sanction of Registrar for sale on its own account to consumers or others.

Provident Fund Provident Fund:— [Rule 44]

1. (1) A society may, subject to the rules, establish a contributory provident fund for the benefit of its employees to which shall be credited all the contributions made by them and the society in accordance with its bye-laws.
2. (2) The provident fund so established shall not,—
   • (a) be used in the business of the society ;
   • (b) form part of the assets of the society ; or
   • (c) be liable to attachment or be subject to any other process of any Court or other authority.
3. (3) Notwithstanding anything in this section, a provident fund established, by a society to which the Employees Provident Fund Act, 1952, is applicable, shall be governed by that Act.