Regulations 1990
Statutory Text (3 Articles)
L.N. 3S or 1990
C().()PERATIVE SOC IETIFS ACT, 11178
(ACT NO. XXVI m' 19711)
Co-opli'ratlve SockUt!l (Rllt~ or DiVIdend on Share Capital)
Regulations 1990
IN exercise of the powers conferred by section 113 of the C0-
operative Societies Act . 1978. the Minister ofProductive Development.
with the concu rrence orlhe Ministerof Finance, has made tile following
rcgulalions:-
I. These regulations may be cited as the Co-<lperativc Societies
( Rate o f Dividend on SlIare Capilal) Regulations, 1990.
Dawn ir-regolamenti jistgliu jissejliu r- Regolamenli la' 1-1990 11.01 •.
dwar iT- Rata la' DMdt ml fuq Kapital tal· [shma glial Ghaqdiet
KopcTlllivi.
No registe red co-cpcrative society shall pay a dividend o n
paid up share capi tal exceeding five per centum per annum with out
the sanction o f the CJ-operatives Board.
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