Vesting of the management of the society in the society reconstruction committee

Vesting of the management of the society in the society reconstruction committee:

1. (1) Notwithstanding anything contained in the Andhra Pradesh Societies Registration Act, 1860 or in the bye-laws or articles of association of the society, on and from the date of constitution of a Society Reconstruction Committee under section 3, the management of the society shall vest in the said Committee and all the powers and functions of the governing body or any other authority of the society by whatever name called holding office immediately before the said date shall stand suspended.
2. (2) Every member of the governing body or any other authority of the society holding office immediately before the date of constitution of the Society Reconstruction Committee shall vacate their office on that date.