Amendment status not verified — confirm the current text below against the official source.
Fixation of proportion of Co-operative Loans for Schedule Castes, Scheduled Tribes, small farmers, marginal farmers and other weaker sections of the community. - Subject to such directions as may be issued by the Reserve Bank of India, the primary agricultural co-operative societies shall during a cooperative year disburse to Scheduled Castes/Scheduled Tribes, small and marginal farmers and other weaker sections of the community, such proportion of their total lending as may be laid down by Registrar, Co-operative Societies from time to time having regard to the class of societies, the strength of membership of persons belonging to above classes. Said societies shall maintain separate account in respect of their lending to the aforesaid classes in a manner to be prescribed by the Registrar. [66B. [(1) Notwithstanding anything contained in this Act or the Rules and bye-laws made thereunder, the State Government may, from time to time, by special or general order, determine the nature and number of posts to be created and the mode of recruitment of personnel by Co-operative Societies and prescribe among other things- (1) the qualifications, age and experience, (2) the pay scale and other emoluments, (3) the method of recruitment, (4) the conditions of service, and (5) the disciplinary procedure to be followed.] (2) Any appointment made in contravention of the order of the State Government under sub-section (1) shall be void as if no such appointment ever existed and salary and other allowances paid if any, shall be recoverable under Section 40]