Amendment status not verified — confirm the current text below against the official source.
Rate of annual contribution to education fund of Slate Federal Society.- The rate at which the classes of societies specified under column (2) of the Table below shall contribute annually under section 68 towards the education fund of the State Federal Society, which may be notified in this behalf by the State Government, shall be those which are respectively specified against them in column (3) of the said Table. TABLE Sr. No. Class of Society Rate of Contribution per year per society. 1 2 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 18 19 20 21 22 23 24 Maharashtra State Co-operative Bank. Maharashtra State Co-operative Agricultural and Rural Development Bank Maharashtra State Co-operative Marketing Federation Maharashtra State Co-operative Housing Finance corporation. Maharashtra State Co-operative Consumer’s societies Federation. Maharashtra State Co-operative Sugar factories Federation Maharashtra State Co-operative Fisheries Federation Maharashtra State Co-operative Cotton Grower Marketing Fed. Maharashtra State Co-operative Diaries Societies Federation Maharashtra State Co-operative Mills Federation. Maharashtra State Co-operative Power-looms societies Fed. Maharashtra State Co-operative Textile corporation Maharashtra State Co-operative Handloom societies federation Maharashtra State Agricultural Produce Market committees Fed. Maharashtra State Co-operative Cotton Growers Processing Societies Federation Maharashtra State Co-operative Tribal Development Corporation. Maharashtra State Co-operative Labour society’s federation. Maharashtra State Co-operative Banks Association Maharashtra State Co-operative Oil Seed Processing Federation. Maharashtra State Sugar Ind. Development Co-operative Soc. Maharashtra State Co-operative Engineering Societies Maharashtra State Co-operative Jungle Kamgar Federation. Co-operative Sugar Factories 2 paisa per Rs.100 of working capital subject to a maximum of Rs.500000 Rs.1/10 percent of working capital subject to a maximum of Rs.100000 Rs.1/10 percent of working capital subject to a Maximum of Rs. 150000 Rs.1/10 percent of working capital subject to a Maximum of Rs. 100000 2 paisa per Rs.100 of working capital subject to a maximum of Rs.200000 Rs.5000 Rs.1000 Rs.150000 Rs.5000 Rs.5000 Rs.2500 Rs.1000 Rs.2500 Rs.1000 Rs.2500 Rs.1000 Rs.1000 Rs.5000 Rs.5000 Rs.1000 Rs.5000 Rs.1000 20 Paise per ton of the last year Sugar cane crushed subject to maximum of Rs.75000 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 District Central Co-operative Banks Solapur District Industrial Co-op. Banks. Urban Co-operative Banks Urban Co-operative Credit Societies Salary Earners, Factory workers, Mills Workers, Thrift Fund and Credit societies. District Agro Industrial Sarv Seva Co-operative Societies and purchase and Sale societies having jurisdiction in one or More districts. Primary Marketing societies. Whole-sale Co-operative Consumer Stores Primary Co-operative Consumer Stores Co-operative spinning Mills Co-operative Ginning and pressing societies Primary Seva Sahakari Sanstha Milk Co-operative Unions Taluka & District Primary Co-operative Dairy societies Co-operative Poultry Societies Fed. Co-operative lift irrigation societies Agricultural processing Co-operative Societies Grain Banks Piggery and live stock Co-operative soc. (Including breeding) Sugarcane Supply Co-operative Soc. Industrial Co-operative estate Labour contract Co-operative societies Forest laborers Co-operative societies Agricultural non-credit Co-operative soc. Non-agricultural non-credit societies Co-operative farming societies Co-operative fisheries (a) (b) (c) (a) (b) (c) (a) (b) (a) (b) (a) (b) (c) (d) District Central Co-operative Banks of Raigad, Ratnagiri Sindhudurg, Chandanpur and Gadchiroli, Rs.10000 The revitalized District Central Co-operative Banks in the State Rs.15000 Other District Central Co-operative Banks in the State Rs.30000 Rs.15000 Working capital up to Rs.5 Crores - Rs.5000. Working capital of Rs.5 Crores to Rs.50 Crores Rs.10000. Working capital above Rs.50 Crores Rs.30000. 1/10 percent of working capital subject to Minimum Rs.100 and Maximum Rs.5000 1/10 percent of working capital subject to Maximum Rs.1000 1/10 percent of working capital subject to Maximum Rs.20000 1/10 percent of working capital subject to Maximum Rs.2000 1/10 percent of working capital subject to Maximum Rs.20000 2 Paise per Rs.100 of working capital subject to Minimum of Rs.100 and Maximum Rs.200000 Which have not gone in production of Rs.1000 Which have gone in production of Rs.10000 Rs.100 Rs.10 in respect of those which have suffered Loss during the previous Co-operative year. 1/10 percent of the working capital in respect of those which have earned profit during previous year subject to maximum of Rs.1000 Having collection of 3 Lakh liters Milk of previous Year Rs.500 Having collection of 3 to 4 Lakh liters Milk of Previous year Rs.1000 Having collection of 4 to 5 Lakh liters Milk Rs.1500 Above 5 Lakh liters Rs.2000 Rs.100 Rs.100 Rs.100 Rs.100 Rs.100 Rs.100 Rs.500 Rs.100 Rs.100 Rs.100 Rs.100 Rs.100 Rs.100 Rs.100 52 53 54 55 56 57 58 Primary Co-operative poultry. Vidarbha premier Co-operative Housing Soc Co-operative Housing society. Vidarbha Co-operative Marketing Societies Co-operative Distillery Societies Mula Pravara Co-operative Electrical Soc. Ltd; Shrirampur, Dist. Ahmednagar. Other societies. (a) (b) (a) (b) (c) Rs.100 Rs.5000 Having jurisdiction of corporation, Nagarpalika & Cantonment Board – Per Member Rs.3/- Having Jurisdiction of Gram Panchayat – Per Member Rs.2/- 1/10 of the working capital, subject to to maximum of Rs.20000 Rs.5000 Rs.1000 Village & Taluka jurisdiction – Rs.100 District jurisdiction – Rs.500 State jurisdiction – Rs.1000 53 A. Rates of annual contribution to Co-operative State Cadre Employment Fund – The rates at which the class or classes of societies or other body corporate specified under column (2) of the Table below shall contribute annually under sub-section (4) of section 69-A towards the Co-operative State Cadre Employment Fund, which may be notified in this behalf by the State Government, shall be those which are respectively specified against them in column 3 of the said table. Sr. Society class or Classes of society And other body corporate Rate of contribution per year per society or body corporate 1 2 3 1 2 3 4 5 6 7 8 Maharashtra State Co-operative Bank Ltd; (incorporating the Vidarbha Co-operative Bank Ltd ;) Bombay The Maharashtra State Co-operative Marketing Federation Ltd; The Maharashtra State Co-operative Land Development Bank Ltd; Bombay All Co-operative Sugar Factories All sugar Factories other than Co- operative Sugar Factories located in the State of Maharashtra All District Central Co-operative Banks excluding Bombay District Central Co-op. Bank ltd; and Ahmednagar Urban District Central Co-operative Bank Ltd; Ahmednagar, having Outstanding of Agricultural Credit business of more than Rs.5 Crores as at the end of the previous Co-operative year. All District Central Co-operative Banks Excluding Bombay District Central Co-op. Bank ltd; Bombay and Ahmednagar Urban District Central Co-operative Bank Ltd; Ahmednagar, having outstanding of Agricultural Credit business of more than Rs.5 Crores as at the end of the previous Co-operative year. All primary Co-operative Marketing Rs.20 Lakh Per year At 10 Paise per Rs.100 of the annual turnover of the Previous Co-operative year. Rs.5 Lakh per year At 25 Paise per ton of sugarcane crushed by the Sugar Factory during the previous Co-operative year At 25 Paise per ton of sugar cane of the members of Primary Agricultural Credit Societies crushed by The factory during the previous Co-operative year. 10 Paise per Rs.100 of the outstanding Agricultural Credit business as at the end of the previous Co-operative year. 5 Paise per Rs.100 of outstanding Agricultural credit business as at the end of the previous Co-operative year. 5 Paise per Rs.100 on the annual turnover of the 9 i ii iii iv societies Dealing in fertilizers, seeds, agricultural Implements and sale of agricultural produce. All primary agricultural credit societies Multi purpose Co-operative Societies and Service Co-operative societies including Farmers Service societies and Adivasi Co-operative societies Having outstanding agricultural credit Business up to Rs.50000 as at the end of The previous Co-operative year. Having outstanding agricultural credit Business exceeding Rs.50000 but not exceeding Rs.75000 as at the end of the Previous Co-operative year. Having outstanding agricultural credit Business exceeding Rs.75000 but not exceeding Rs.3 Lakh as at the end of the Previous Co-operative year. Having outstanding agricultural credit Business exceeding Rs.3 Lakh as at the End of the previous Co-operative year. Previous Co-operative year. 1.5 percent of the outstanding agricultural credit business as at the end of previous Co-operative year 1.75 percent of the outstanding agricultural credit business as at the end of previous Co-operative year 2 percent of the outstanding agricultural credit business as at the end of previous Co-operative year 1.25 percent of the actual expenditure on the total expenditure on the total emoluments paid to the secretary during the previous Co-operative year or 2 percent of the outstanding of the agricultural credit business as at the end of the previous Co- operative year, whichever is less. 53-B. Manner of contributions to be made under the rule 53 – A (1) The Apex Society which has been notified by the State Government under subsection (3) of section 69-A shall open an account in the name of the "Co-operative State Cadre Employment Fund" established by it in the Maharashtra State Cooperative Bank Ltd., Bombay and also in every District Co-operative Bank, excluding the Bombay District Central Co- operative Bank. (2) The amount of annual contribution payable under rule 53A by the Maharashtra State Co- operative Bank Limited, Bombay, and the Maharashtra State Co-operative Land Development Bank Limited, Bombay for every Cooperative Year shall be paid by them before the 30th day of September of the next following Co-operative Year by crediting the amount of contribution in to the "Cooperative State Cadre Employment Fund" account opened under sub-rule (1) in the Maharashtra State Co-operative Bank Limited, Bombay. (3) The Auditor of- (a) the Maharashtra State Co-operative Marketing Federation Limited, Bombay, (b) Every District Central Co-operative Bank (other than the Bombay District Central Co- operative Bank Limited and the Ahmednagar Urban District Central Co-operative Bank Limited, Ahmednagar. (c) every Co-operative Sugar Factory, and (d) every Primary Co-operative Marketing Society dealing in fertilizers, seeds, agricultural implements or sale of agricultural produce, shall certify the amount of the annual contribution payable by them under rule 53-A and send the certificate, in the case of the Maharashtra State Co-operative Marketing Federation, to the State Level Caderisation Committee and in any other case, to the relevant Central Society. The certificate in respect of every co-operative year shall be sent before the 15th day of August of the next following Co-operative year. (4) The Director of Sugar, Maharashtra State, shall rectify the amount of annual contribution payable under rule 53-A by every sugar factory (other than a co-operative sugar factory) and send the certificate to the relevant Central Society. The certificate in respect of every co- operative year shall be sent, before the 15th day of August of the next following co-operative year. (5) Within fifteen days from the date of receipt of a certificate sent under sub-rule (3) or (4), the State Level Caderisation Committee or, as the case may be, the relevant Central Society, shall serve a notice of demand for payment of the contribution mentioned in the certificate on the Maharashtra State Co-operative Marketing Federation or, as the case may be, a society or a sugar factory (other than a Co-operative sugar factory) by which it is payable. (6) On receipt of the notice of demand under sub-rule (5), the Maharashtra state Co-operative Marketing Federation, every society and every sugar factory (other than a co-operative sugar factory) shall pay the amount of contribution payable by them for any co-operative year before the 30th day of September, of the next following co-operative year. Such contribution shall, in the case of the Maharashtra State Co-operative Marketing Federation Limited, Bombay, be paid into the "Co-operative State Cadre Employment Fund" account in the Maharashtra State Co-operative Bank Ltd., Bombay and in other cases, into the "Co-operative State Cadre Employment Fund" account in the District Central Co-operative Bank in the District in which the society making the contribution operates or the sugar factory (other than a co-operative sugar factory) making such contribution is situated. (7) Before the 15th day of August next following the end of each co-operative year, every Primary Agricultural Credit Society shall furnish to the relevant Central Society such information as may be necessary for it to assess the amount of contribution payable for that year by the Primary Agricultural Credit Society under Rule 53-A. On receipt of such information, the relevant Central Society shall; scrutinize it, determine the amount of contribution payable by the Primary Agricultural Credit Society and shall, before the 15th day of September, next following the end of the said co-operative year, serve a notice of demand on the Primary Agricultural Credit Society for payment of the amount of contribution so determined. The relevant Central Society shall also, before that date, furnish to the District Central Co- operative Bank of the District in which the Primary Agricultural Credit Societies furnishing the information operate, a statement indicating the name of each Primary Agricultural Credit Society, the rate of annual contribution payable by it under rule 53-A, the amount of contribution determined and the amount of arrears of contribution, if any, which has remained to be paid by each Primary Agricultural Credit Society. On the service of a notice of demand, the Primary Agricultural Credit Society shall, before the 31st day of December next following the end of the aforementioned Co-operative Year, pay the amount of contribution payable by it for the year, into the "Co-operative State Cadre Employment Fund" account in the District Central Co-operative Bank in the District in which such Society operates. (8) Where any society (including the Primary Agricultural Credit Society and Co-operative Sugar Factory) which has received any loan from any District Central Co-operative Bank or the Maharashtra State Co-operative Bank pays to that Bank any amount towards payment of interest on such loan, or repayment of such loan, or where any such amount is received by the District Central Cooperative Bank or the Maharashtra State Co-operative Bank on behalf of any such society or Sugar Factory from any other agency, and the District Central Co- operative Bank or the Maharashtra State Co-operative Bank is satisfied after consulting the relevant Central Society that there are any arrears of annual contributions payable by such society or sugar factory as per demand notice served on it, then the District Central Co- operative Bank or the Maharashtra State Co-operative Bank, as the case may be shall in accordance, with the procedure laid down from time to time, by the State Level Caderisation Committee and after obtaining the consent of such society or sugar factory to do so, first credit to the "Co-operative State Cadre Employment Fund" such amount as may be necessary to recover the arrears and adjust the remaining balance, if any, towards payment of interest on such loan, or as the case may be, repayment of such loan. Whenever the District Central Co-operative Bank or the Maharashtra State Co-operative Bank so credits any amount to the said Fund, it shall send advice of such credit to the society or as the case may be, Co-operative Sugar Factory and also the relevant Central Society. (9) Notwithstanding any thing contained in sub-rules (2), (3) (4), (6) and (7)- (a) the certificate to be sent by the auditor under sub-rule (3) and the certificate to be sent by the Director of Sugar, Maharashtra State, under sub-rule (4) for the co- operative years 1977-78 and 1978-79 shall be sent by them before the 15th day, of September 1979; (b) the information to be furnished by the Primary Agricultural Credit Society under sub- rule (7) in respect of the Co-operative Years 1977-78 and 1978-79 shall be furnished by it before the 15th September 1979; (c) the notice of demand for payment of the amount of contribution payable by any society (including the Primary Agricultural Credit Society) or Sugar Factory for the, Co-operative years 1977-78 and 1978-79 shall be served on it before the 30th day of September 1979; (d) the amount of contribution payable by any society (including the Primary Agricultural Credit Society) or Sugar Factory for the Cooperative Years 1977-78 and 1978-79 shall be paid by it before the 31st day of October 1979 and the 31st day of December 1979 respectively (10) The relevant Central Society shall maintain banks of accounts of the annual contributions due from each society which operates in the area of its operation and each Sugar Factory situated in that area. The State Level Caderisation Committee shall maintain books of accounts of the annual contributions due from the Maharashtra State Co-operative Bank Ltd. (incorporating the Vidarbha Cooperative Bank Ltd). Bombay, the Maharashtra State Co-operative Marketing Federation Ltd., Bombay and the Maharashtra State Co-operative Land Development Bank Ltd., Bombay. Every such book of accounts shall contain the following particulars, namely:- (i) the society or the sugar factory from which the annual contribution is due, (ii) the amount of annual contribution collected from such society or sugar factory, (iii) The balance of arrears of the annual contribution payable by such society or sugar factory or the excess amount paid by it. (11) A periodical statement of accounts of the moneys credits into the "Cooperative State Cadre Employment Fund" accounts with each District Central Co-operative Bank shall be sent by that Bank to the relevant Central Society at such intervals as may be determined by the State Level Caderisation Committee. The statement so received shall be forwarded by the relevant Central Society to the State Level Caderisation Committee after due scrutiny. (12) Where any society or Sugar factory fails to pay the annual contribution as provided in the preceding sub-rules, the State Level Caderisation Committee, in the case of the Maharashtra State Co-operative Bank Limited (incorporating the Vidarbha Co-operative Bank Ltd.), Bombay, the Maharashtra State Cooperative Marketing Federation Limited, Bombay and the Maharashtra State Cooperative Land Development Bank Limited, Bombay and the relevant Central Society in the case of other societies and sugar factories, shall communicate the name of the defaulting society or sugar factory to the Registrar for taking action under sub- section (5) of section 69-A. Explanation - For the purpose of this rule, (a) "Central Society" means a society notified by the Government of Maharashtra to be a Central Society under section 69-A: (b) "relevant Central Society" in relation to any society or sugar factory, means the Central Society in the area of operation of which any such society operates or any sugar factory is situated; (c) "State Level Caderisation Committee" means a Committee appointed as such by the Government of Maharashtra".