PURCHASE AND SUPPLY) ACT, 1953
Chapter XII REHABILITATION OF WEAK SOCIETIES
Chapter XII REHABILITATION OF WEAK SOCIETIES
91. Creation of rehabilitation fund
(1) Each apex and central society, if required by the Registrar, shall establish a rehabilitation fund out of its profits in the manner specified by the Registrar. (2) A central society which establishes a rehabilitation fund shall transfer it to the apex society of
Chapter XII REHABILITATION OF WEAK SOCIETIES
92. Credit to fund
(1) The Government may provide financial assistance to strengthen the rehabilitation fund. (2) Each apex society shall credit to the rehabilitation fund all money received by it on account of repayment of loans advanced out of the rehabilitation fund.
Chapter XII REHABILITATION OF WEAK SOCIETIES
93. Utilisation of fund
An apex society shall utilise the rehabilitation fund for providing assistance to its member societies which are financially weak by way of loans and subsidy on such terms and conditions as are approved by the Registrar.
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