Amendment status not verified — confirm the current text below against the official source.
(1) Where the Government,- (a) have subscribed to the share capital of a society, or (b) have assisted indirectly in the formation or augmentation of the share capital of a society as provided in section 43, or (c) have guaranteed the repayment of principal and payment of interest on debentures issued by a society, or (d) have guaranteed the repayment of principal and payment of interest on loans and advances to a society, the