Section 47 - Amendment of section 124 - Multi-State Co-operative Societies (Amendment) Act, 2023

Amendment of section 124. 47. In section 124 of the principal Act, (a) in sub-section (2), (i) after clause (a), the following clause shall be inserted, namely: (aa) the guidelines under sub-section (2) of section 7; ; (ii) after clause (j), the following clause shall be inserted, namely: (ja) the manner in which the board of a multi-State co-operative society shall provide information, documents, personnel, funds or expenses or any other assistance as sought by the Co-operative Election Authority for conducting elections under clause (a) of sub-section (2) of section 43; ; (iii) for clause (k), the following clauses shall be substituted, namely: (k) the composition of the Selection Committee for appointment of Chairperson, Vice-Chairperson and Members of the Co-operative Election Authority under sub-section (1) of section 45; (ka) the qualification and experience for appointment of Member of the Authority under clause (iii) of sub-section (3) of section 45; (kb) the salaries and allowances payable to, and other terms and conditions of service of the Chairperson, Vice-Chairperson and Members of the Authority under sub-section (5) of section 45; (kc) the other powers and functions of Chairperson under section 45A; (kd) the procedure of inquiry under sub-section (2) of section 45B; (ke) time, places and the procedure to be observed by the Authority in regard to transaction of business at its meetings under sub-section (1) of section 45H; (kf ) other functions of the Authority under clause (iii) of section 45-I; (kg) the manner of election of members of board by secret ballot under sub-section (3) of section 45J; (kh) the manner of bearing the expenses for holding elections by the Authority under sub-section (6) of section 45J; (ki) the manner of discharge of functions by the Returning Officers and observers under sub-section (1) and clause (a) of sub-section (3) of section 45K; (kj) other functions of the observers under clause (a) of sub-section (3) of section 45K; ; (iv) after clause (m), the following clause shall be inserted, namely: (ma) the procedure for recruitment of employees under proviso to clause (e) of sub-section (2) of section 49; ; (v) clause (o) shall be omitted; (vi) after clause (q), the following clause shall be inserted, namely: (qa) the manner of maintenance of fund under clause (b) of sub-section (1) of section 63; ; (vii) after clause (s), the following clauses shall be inserted, namely: (sa) the manner of appointment of Co-operative Ombudsman and submission of complaints to such Ombudsman under sub-section (1) of section 85A; (sb) the manner of filing an appeal by society against directions of Ombudsman under sub-section (3) of section 85A; (sc) other matters under clause (d) of sub-section (5) of section 85A; ; (viii) after clause (w), the following clauses shall be inserted, namely: (wa) the manner of recovery and deposit of proceeds of unlawful gains under sub-section (6) of section 104; (wb) the manner to make an application with such fee for the purpose of getting information under sub-section (2) of section 106; ; (ix) after clause (x), the following clauses shall be inserted, namely: (xa) the manner of powers being exercised by the Central Government in respect of matters relating to filing of applications, documents, inspections and the like in electronic form under sub-section (1) of section 120A; (xb) the manner of discharging the functions or exercising powers with respect to matters mentioned therein by the Central Registrar in electronic form under sub-section (2) of section 120A; ; (b) for sub-section (3), the following sub-section shall be substituted, namely: (3) Every rule made under this section and any notification issued under section 116 shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree that the rules and any notification issued under section 116 should not be made, the rule and any notification issued under section 116 shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule and any notification issued under section 116. .