Substitution of Section - 42 of the Bihar Act 2 of 1997.

Sub-section (1) of Section -

42 of the said Act shall be substituted by the following, namely:“ (1) It shall be an offence under this Act if-

1. (a) a Co-operative Society or an officer or member thereof willfully makes a false return or furnishes false information, or any person willfully not furnishes any information required from him by a person authorised in this behalf under the provisions of this Act;
2. (b) any person willfully or without any reasonable excuse disobeys any summons, requisition or lawful written order issued under the provisions of the this Act;
3. (c) any employer who, without sufficient cause, fails to pay to a Co-operative Society amount deducted by him from its employee within a period of fourteen days from the date on which such deduction is made;
4. (d) any officer or custodian who willfully fails to handover custody of books, accounts, documents, records, cash, security and other property belonging to a Co-operative Society of which he is an officer or custodian, to an authorised person; and
5. (e) any person indulges in the corrupt practices before, during or after the election of the Office-bearer or member of the Board of the Co-operative Society.” By order of the Governor of Bihar, VINOD KUMAR SINHA, Secretary to the Government.

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