Amendment status not verified — confirm the current text below against the official source.
Election and nomination of members of Committees.—(1) The members of the Committee of a Co-operative Society shall be elected in such manner as may be prescribed and no person shall be elected unless he is a share-holder of the society. 66 CO-OPERATIVE SOCITIES ACT, 1989. (2) The term of office of the Committee shall be three years. (3) Each Committee shall within 90 days before expiry of its term, make arrangements for the constitution of a new Committee in accordance with the provisions of this Act and rules and bye-laws made thereunder. (4) Where any Committee has ceased to hold office and no Committee has been constituted in accordance with the provisions of this Act and rules and bye-laws made thereunder, the 1[Government or Registrar] may, by an order in writing, appoint a 1[Board of Management or Administrator] for such period as may, from time to time, be specified in the order and the 1[Board of Management or Administrator] shall before the expiry of the period of his appointment, arrange for the constitution of a new Committee in accordance with the provisions of this Act and rules and bye-laws made thereunder : 2[Provided that the Board of Management or the Administrator may be appointed for a period not exceeding 3[three months and, in circumstances beyond its control, six months] and the elections shall be held within such period for the reconstitution of the Committee or the Board, as the case may be : Provided further that the Board of Management may be appointed by the Government for the Apex Level Institutions and the Administrator may be appointed by the Registrar for the Primary Agricultural Co-operative Societies and the Secondary Level Co-operative Societies]. (5) Notwithstanding anything contained in this section, where the bye- laws of the Society so provide the first Committee may be nominated by the authority mentioned in those bye-laws. 4[(6) Where the Government have subscribed to the share capital of a Co-operative Society or has guaranteed the repayment of the principal and the payment of interest on debentures issued for loans raised by a Co-operative Society, the Government or any person authorized by it in this behalf shall have the right to nominate on the Committee such number of persons not exceeding three or one-third of the total number of members thereof, whichever is less, as the Government may determine : Provided that in case of a Co-operative Society other than a Co- operative Credit Structure Society, in addition to members so appointed two seats shall be reserved for members belonging to Scheduled Castes and other