Section 187

The utilization of the reserve fund under Rule 186 shall be subject to the condition that any amount drawn shall be reimbursed from the profits accruing in subsequent co-operative year or years as directed by the Registrar. The Registrar may, however, having regard to the special circumstances of the society, permit that the reserve fund drawn and utilized for purposes mentioned under Clauses (ii) and (iii) of Rule 186 may not be reimbursed wholly or partially as the Registrar may direct.