Amendment status not verified — confirm the current text below against the official source.
Subject to the provisions in this Act and rules, the final authority of every society shall vest in the general body of members in general meeting, summoned in such a manner as may be specified in the bye-laws: Provided that, where the bye-laws of a society provide for the election of delegated of such members, the authority may vest in the delegates of such members elected in the prescribed manner, and assembled in general meeting. 16d[73A. Notwithstanding anything contained in this Act or the rules for the time being in force, the societies in the co-operative credit structure shall be at liberty to affiliate or disaffiliate with any federal society of its choice provided a resolution approving such affiliation or disaffiliation with a federal society is passed in the annual general meeting held for the purpose with three-fourth majority of total members, and subject to the rules as may be prescribed and the guidelines issued by the Reserve Bank of India.]