Bare ActsThe Assam Co-operative Societies Act, 1949

Section 48

Deduction of dues from salary of members

Amendment status not verified — confirm the current text below against the official source.

Deduction of dues from salary of members.—(f a member of a registered ■ iocicly, who is an employee of the Government or any local authority, takes a 1 ' loan irom a society and contracts to repay it by instalments, and authorises the ■I society to recover such instalments by deduction front his salary, the person I rho disbm :<•*; any amount payable to such member as salary or remuneration | in respect of such employment shall, on demand from the society, deduct the 1, iniount of such instalment from the amount disbursed to such member as salary < and shall forthwith remit to the society the amount so deducted.

Section 48 – The Assam Co-operative Societies Act, 1949 | DailyLaw.ai