Amendment status not verified — confirm the current text below against the official source.
Notwithstanding anything contained in any other law for the open dues to - five time being in force,— societies from salaries (1) if a member of a co-operative society or a person having and gratuity transaction with co-operative society, being in the employ of mem and frombers of the Government or any local authority or any person, salaries of takes loan or purchases goods on credit from a co-operative sureties. society in terms of a written contract, providing therein that the loan or price for the goods are to be repaid or paid in instalments and that the society shall be entitled to recover such instalments from his salary or wages, the person who disburses any amount payable to such member or person as salary or wages in respect of such employment shall, on demand from the society,— (a) deduct the amount of such instalments from the amount to be disbursed to such member or person as salary or wages as often as is necessary until the loan is repaid or the price for the goods is fully paid, and 188 The West Bengal Co-operative Societies Act, 1973. XXXVIII of 1973.1 (Chapter V. Privileges of co-operative societies.— Section 51.) (b) forthwith and not later than fifteen days from the date of deduction remit to the society the amount so deducted, for which the society shall issue a receipt; (2) such member or person as described in clause (1) may further provide in the written contract referred to in clause (1) that if he subsequently ceases to be an employee of the Government or any local authority or any person, as the case may be, the balance of the loan or the price for goods payable by him to the society shall be deductible from the gratuity payable to him by his employer, and where a written contract with such terms is executed and such member or person subsequently ceases to be an employee of the Government or such local authority or such person, as the case may be, his employer shall, on demand from the society from which such member or person referred to in clause (1) has taken loan or has purchased goods on credit,-- (a) deduct the balance of the loan or price for the goods, payable by such member or person to the society, from the gratuity payable by such employer to such member or person, and (b) forthwith and not later than fifteen days from the date of deduction remit to such society the amount so deducted, for which the society shall issue a receipt; (3) where a member of a co-operative society or a person having transaction with co-operative society, being in the employ of the Government or any local authority or any person, stands, in terms of a written contract, surety for such member or person described in clause (1), such written contract may further provide that the person, who disburses any amount payable to such surety as salary or wages in respect of his employment, shall, in the event of non- realisation of the loan or the price for goods or any part thereof from such member or person and on demand from the society from which such member or person referred to in clause (1) has taken loan or has purchased goods on credit,— (a) deduct the amount of any instalment of such loan or price for the goods, from the amount to be disbursed to such surety as salary or wages, as often as is necessary, until such loan is repaid or price for the goods is fully paid, and (b) forthwith and not later than fifteen days from the date of deduction remit to such society the amount so deducted, for which the society shall issue a receipt; 189 The West Bengal Co-operative Societies Act, 1973. [West Ben. Act (Chapter V.—Privileges of co-operative societies.— Section 52.) (4) if on demand from the society, the person who disburses any amount payable to such member or person or the surety referred to in clause (1) and clause (3) respectively, does not make any remittance as required under clause (1) and clause (3), the employer of such member or person or the surety, as the case may be, shall be liable for payment thereof, and the amount recoverable on behalf of the society from such employer shall be deemed to be an arrear of land revenue. Exemption