Societies which may be registered

Subject to the provisions of this Act, and any rules framed thereunder, a co-operative society which has, as its objects, the promotion of the economic and social interests of its members or the public in accordance with the co-operative principles, or a co-operative society established with the object of facilitating the operations of such a society, including a society formed by the division of any existing co-operative society or amalgamation of existing co-operative societies, may be registered under this Act.