THE KARNATAKA SOUHARDA SAHAKARI (SECOND AMENDMENT) ACT, 2016
KARNATAKA ACT NO. 8 OF 2017
(First Published in the Karnataka Gazette Extra-ordinary on the Fourth day of January, 2017)
(Received the assent of the Governor on the Thirty First day of December, 2016)
An Act further to amend the Karnataka Souharda Sahakari Act, 1997.
Whereas, it is expedient further to amend the Karnataka Souharda Sahakari Act, 1997 (Karnataka Act 17 of 2000);
Be it enacted by the Karnataka State legislature in the sixty seventh year of the republic of India, as follows:-
1. Short title and Commencement.- (1) This Act may be called the Karnataka Souharda Sahakari (Second Amendment) Act, 2016.
(2) It shall come into force at once.
2. Amendment of section 10.- In the Karnataka Souharda Sahakari Act, 1997 (Karnataka Act 17 of 2000) in section 10, in sub-section (2), in clause (xxi), after sub-clause (a), the following shall be inserted, namely:-
“(a-a) 0.50 percent towards the Sahakara Academy (Reg), Mysore, registered under the Karnataka Societies Registration Act, 1960 and sponsored by the State Government for the purpose of carrying out Co-operative education, training and research.”
|
