section 23
Services primarily for members
The Orissa Self-Help Co-Operatives Act, 2001General200162 sections8 chapters
Chapter 3 MEMBERSHIP
Statutory text
- (1) A Co-operative's services shall normally be available to members only.
- (2) After completion of two Co-operative business years of its being registered under this Act, any Co-operative found to be providing more than 25% of its core services, as specified in its articles of association, in terms of the value of transactions, to non-members in any given financial year, shall be deemed to be an aberrant Co-operative and stand to lose for that Co-operative business year exemptions, if any, provided to it.
- (3) Any Co-operative found to be aberrant for three Co-operative business years in any continuous period of five Co-operative business years shall be deemed to be a Co-operative not operating on a Co-operative basis.
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