Amendment status not verified — confirm the current text below against the official source.
Clauses (i) to (k) added by G.O.Ms.No.53, Agriculture and Cooperation (Coop-II) Department, dated 20.05.2016. 126 [Act No.7 of 1964] audit and those belonging to the period for which the audit is being conducted: Provided further that, the responsibility for the offence committed by the co-operative society under this section lies with the Chief Executive Officer of the society called by any designation.] 252[(2) An offence under Clauses (a) to (c) of sub-section (1) shall be punishable with imprisonment for a term which may extend to six months and with fine which may extend to twenty thousand rupees.] 253[(3) An offence in sub-section (1), under- 254[(i) clauses (e) and (f), shall be punishable with imprisonment for a term which shall not be less than one year but which may extend to seven years;] (ii) clause (g), shall be punishable with imprisonment for a term which may extend to five years; and] 252[(iii) clauses (h) and (k) shall be punishable with imprisonment for a term which shall not be less than six months but which may extend to five years; (iv) clause (j) shall be punishable with imprisonment for a term which shall not be less than two years but which may extend to seven years.]