Staffing pattern

(1) A society shall have power to fix the staffing pattern, qualifications, pay scales and other allowances for its employees with the prior approval of the Registrar of Cooperative Societies subject to the condition that expenditure towards pay and allowances of the employees shall not exceed two percent of the working capital or thirty percent of the gross profit, in terms of actuals in a year whichever is less. (2) No appointment or removal of a Chief Executive by whatever name called of any society, or of societies as may be prescribed, which are in receipt of financial aid from the Government, shall be made without the prior approval of the Registrar of the Cooperative Societies.