Amendment status not verified — confirm the current text below against the official source.
A Co-operative society may establish retirement benefit fund for payment of gratuity to its employees in accordance with the provision of the Payment of Gratuity Act, 1972 and for payment of cash equivalent of leave salary, if any, to its employees 39 of 1972. on retirement from service. Investment of funds. Co-operative Education Fund. Bad Debt Fund. Reserve Fund. Employees' Provident Fund. Retirement Benefit Fund. 19 of 1952. 50 THE KOLKATA GAZETTE, EXTRAORDINARY, MAY 25, 2010 [PART IlI The West Bengal Co-operative Societies Act, 2006. (Chapter VII.—Properties and funds of Co-operative societies.— Sections 85, 86.)