Amendment status not verified — confirm the current text below against the official source.
The Fund shall be utilised for the following purposes namely: (a) To rehabilitate the society on the basis of specific projects, either by way of loans or subsidy or both; or (b) to make good the loss or damage to the assets, properties and the funds of the participating societies, except the loss sustained due to mismanagement; or (c) To implement developmental projects by way of loans.