Amendment of Act 54 of 1976.

With effect on and from the specified day, the 1Telangana State Handloom Weavers Co-operative Society (Formation) Act, 1976 shall have effect subject to the modification that for section 6, the following section shall be substituted, namely: "6. Management of the affairs of the new Societies. (1) Notwithstanding anything in this Act, the Co-operative Societies Act, or the rules made thereunder or the bye-laws for the time being in force, the management of the affairs of the new society shall vest in the Committee consisting of the following members, namely:- 2[(i) one representative of the primary handloom weavers co-operative societies (other than primary Wool Weavers Co-operative Societies) in each District to be elected from among themselves by the delegates of such societies.]

1. (ii) one representative of the primary handloom wool weavers co-operative societies to be elected from among themselves by the delegates of such class of societies in the State;
2. (iii) three nominees of the Government consisting of;-

1. (a) Director of Handlooms and Textiles;
2. (b) Joint Secretary to Government to Deputy Secretary to Government in the Industries and Commerce Department dealing with the Handloom Industry;
3. (c) one expert in Handlooms and Textiles, technology;-
   • (iv) Managing Director, Telangana State Co-operative Bank;
   • (v) Deputy General Manager, Regional Office of the National Bank for Agricultural and Rural Development, Hyderabad.
   • (vi) Regional Director, National Co-operative Development Corporation, Poona;
   • (vii) Managing Director, Telangana State Handloom Weavers Co-operative Society Limited.

1. (2) The elected members of the Committee shall elect from among themselves a Chairman".