Amendment status not verified — confirm the current text below against the official source.
Save as is provide in this Act, the transactions of a society with persons other than members, shall be subject to such restrictions, if any, as may be prescribed. “47A. The co-operative land development bank and a primary agricultural credit society shall abide by the purdential norms including Capital to Risk Weighted Assets Ratio prescribed by the Registrar in consultation with the National Bank.”3*