If any, as the State Government may by rules prescribe.

Reserve fund Reserve fund. –

1. (1) At least twenty five percent of the net profits of a registered society shall each year be deposited to reserved provided that the State Government may by rule increase or decrease this proportion for any work of any society or class of societies.
2. (2) The reserve fund shall not be used in the business of the society except to such extent and in such manner as may be prescribed by the rules.
3. (3) At least ten precent of the net profit shall be transferred to “Cooperative Education & Development fund” by all registered societies.
4. (4) In such registered societies where there is State contribution to share capital, at least ten percent of the net profit shall be transferred to an “Equity Redemption Fund” till such time the amount of this fund becomes equal to the share capital.
5. (4) Any portion of the reserve fund not sued in the business of the society shall be invested of deposited in one more of the ways specified in section 19 subject to such rules as the State Government may make in this behalf.