Amendment status not verified — confirm the current text below against the official source.
16e[(1)] The management of every society shall vest in a committee, constituted in accordance with this Act, the rules and bye-laws, which shall exercise such powers and perform such duties as may be conferred or imposed on it respectively by this Act, the rules and the bye-laws : 17[Provided that a Committee of a society falling in any of the categories mentioned in sub-section (1) of section 74C shall not be so constituted as to require a certain part or number, of its members to periodically retire by rotation and any bye- law of such society containing such provision shall with effect on and form the Employees provident fund. XIX of 1952. Final authority of society. Freedom for affiliation or disaffiliation with a federal society of choice. Committee, its powers and functions. Guj. 6 of 1981. [1962: Guj. X Gujarat Co-operative Societies Act, 1961 commencement of section 2 of the Gujarat Co-operative Societies (Amendment) Act, 1981 cease to be in force.] 17a[(2) There shall be two professionals on the committee of the Central Co- operative Bank and the State Co-operative Bank having qualification prescribed by the Reserve Bank of India or, as the case may be, the National Bank. If such members are not elected on committee of the Central Co-operative Bank and the State Co-operative Bank, the Registrar shall direct the concerned bank to co-opt such professional on the committee within the time limit specified in such direction of the Registrar. If the bank fails to comply with the aforesaid directions, the Registrar shall appoint such professional member on the committee of the concerned bank. The professional member shall have all the rights of members inclusive of voting right and the term of member shall be co- extensive with the term of other elected members.] 18[74A. (1) In this section “ a designated officer” means the Chairman and the Presidents, and includes any other officer to the society as may be declared by the State Government officer, but does not include any officer appointed or nominated by the State Government or by the Registrar. (2) No person shall, at the same time, be or continue to be, a designated officer of more than one society falling in Category I or Category II or 19[Category III or Category IV] of the categories mentioned below; and shall not be or continued to be a designated officer in more than two societies in the aggregate 20[in the four categories]:— Category I. – Societies, the area of operation of which, extends to the whole of the State. Category II. – (a) Societies, the area of operation of which does not extend to the whole of the State but extends to the City of Ahmedabad. 21 * * * * (b) Societies the area of operation of which does not extend to the whole of the State but extends to one or more districts; 22 * * * * Disqualification for being designated officer simultaneously of certain specified societies or for being designated officer of the same society for more than six years. 1962: Guj. X] Gujarat Co-operative Societies Act, 1961 23[Category III. –Societies the area of operational of which does not extend to the whole of a district but extends to more than one taluka in a district. Category IV.—Such societies (the area of which extends to a taluka or less than a taluka) as the State Government may, having regard to their share capital, financial position and the public interest involved in their operational, by notification in the Official Gazette specify.] (3) If any person is at the commencement of the Gujarat Co-operative societies (Amendment) Act, 1981, a designated officer of more than two societies in the said categories, or of more than one society in the same category, then unless he resigns his office in the society or societies in excess of the number prescribed under sub-section (2) within a period of ninety days from such commencement he shall, at the expiration of the said period, cease to be a designated officer of all such societies. (4) If any person becomes, at the same time, after the commencement of the said Act, a designated officer of societies in excess of the number prescribed under sub-section, unless he resign his office in the society or societies in excess of the said number within a period of ninety days from the date on which he is elected or appointed a designated officer of more than the permissible number of society or societies, or if the elections or appointments are held or made simultaneously, form the date on which the result of last of such elections or appointments is the declared, he shall, at the expiration of the said period of ninety days, cease to be a designated officer of all such societies. (5) No person shall be, or shall continue be, a designated officer of any society of any of the categories referred to in sub-section (2) for a consecutive period of more than 24[six years] and at the expiration of that period any such person shall cease to be a designated officer of that society and shall not be eligible for being re-elected as a designated officer, until a period of 25[three years] has elapsed after the expiry of that aforesaid period of 24[six years]. 26[Explanation.– For the purposes of this sub-section ; Guj. 6 of 1981. [1962: Guj. X Gujarat Co-operative Societies Act, 1961 (a) in calculating the consecutive period of six years in office, any period for which the person concerned may have been such officer, before the commencements of the Gujarat Co-operative Societies (Amendment) Ordinance, 1982, shall be excluded, (b) if any person resigns his office as designated officer at any timer within twelve months from the date on which the consecutive period of six years would, but for his resignation, have been completed he would be deemed to have completed a period of six years on his resignation.]