Amendment status not verified — confirm the current text below against the official source.
The Central Government may, under appropriation made by law, provide moneys to a society for the purchase directly or indirectly of shares in other societies with limited liability. (A society to which moneys are so provided for the aforesaid purpose is hereinafter in this Chapter referred to as an ‘Apex Society). Deduction from salary to meet society’s claim in certain cases. IV of 1936. Direct partner- ship of Central Government in societies. Indirect partnership of Central Government in society. APCS ACT 1978 25