Amendment status not verified — confirm the current text below against the official source.
(1) No Co-operative. society, the by-laws of which permit admission as its member of a person carrying an transaction or business of the same kind or nature as carried cc, by its, shall be registered under this Act or violate the provisions of existing lay..s of the land. (2) in particular and wit: ut prejudice to the generality of the provisions of sub- section (1): (a) no Co-operative credit society shall ire registered if the by-laws thereof do no specifically debar admission as its member of a person who is a money lender by profession; (b) no consumers' f...."e-operative society Thali be registered if the by-laws thereof do not siteially debar admission as its member of a person who is a grocer by profession: and 18 THE KOLKATA GAZE i lb, EXTRAORDINARY, MAY 25, 2010 [PART III The West Bengal Co-operative Societies Act, 2006. (Chapter IL—Registration.—Section 16.) Application for registration. (c) no industrial Co-operative socidty shall be registered if the by-laws thereof do not specifically debar admission as its member of a person who is carrying on, on his account, or has any interest in, any business of the kind carried on by it: Provided that the registration of an industrial Co-operative society shall not be refused merely on the ground that its by-laws provided for admission as its member of a person who is an ordinary artisan or a small entrepreneur carrying on business of the same kind carried on by it. (3) No Co-operative society established or organised for the promotion of the economic interests of any particular community, class or group of people exclusively through any specific activity shall be registered if the by-laws thereof permit admission as its, members of persons other than those to be directly benefited such activity. (4) No Co-operative society established by tribal or farmers or females exclusively for their benefit shall admit as its member a person whO is not tribal or farmer or female as the case may be.