(3)      The Registrar of Co-operative Societies of the province in which a branch or place of business such as is referred to in sub-section (2) is situated may exercise in respect of  that branch or place of business any powers of audit and of inspection which he might exercise in respect of a co-operative society actually registered in the province.

 

  1. Co-operative societies to which this Act applies registered after commencement of this Act. (1) A society which might, if its objects where confined to one province, be registered as a co-operative society in any Province, shall, notwithstanding that its objects are not confined to the province in which its principal place of business is to be situated, be deemed for the purposes of registration as a co-operative society to be situated wholly in that province, and may be registered by the Registrar of Co-operative Societies of that Province in Accordance with the law relating to co-operative societies for the time being in force n that province, and if so registered shall be deemed in any other province to which its objects extend to be duly registered in that other province under the law there in force relating to co-operative societies but shall, save as provided in sub-section (2) and (3) be subject for all the purposes of registration, control and dissolution to the law relating to co-operative societies in force for the time being in the Province in which it is actually registered.

 

(2)      Where any such co-operative society establishes a branch or place of business in a province other than that in which it is actually registered, it shall within six months from the date of establishment of the branch or place of business furnish to the Registrar of co-operative Societies of the province in which such branch or place of business is situated a copy of its registered bye-laws, and shall to any time it is required to do so by the said Registrar submit any returns and supply any information which the said Registrar might require to be submitted or supplied to him by a co-operative society actually registered in that Province.

 

(3)      The Registrar of co-operative Societies of the province in which a branch or place of business such as is referred to in sub-section(2) is situated may exercise in respect of that branch or place of business any powers of audit and of inspection which he might exercise in respect of a co-operative society actually registered in that province.

 

  1. Appointment and power of Central Registrar of Co-operative Societies. (1) The Central Government may, if it thinks fit, appoint a central Registrar of Co-operative Societies.

 

(2)      The Central Registrar of co-operative Societies, if appointed, shall exercise in respect of any co-operative society to which this Act applies, to the exclusion of Provincial Registrars, the Powers and functions exercisable by the Registrar of co-operative Societies of the Province in which such society is actually registered.

 

  1. Penalty for failure to furnish information required under this Act.  If any co-operative society fails to furnish the information which it is required to furnish by or under sub-section (2) of section 2 or sub-section(2) of section 3, or to submit any return required to be submitted under either of those sub-sections, the society, and any officer or member of the society responsible for the failure, shall each be liable to fine which may extend to fifty rupees, and the registration of the society may, at the discretion of the Registrar of Co-operative Societies of the province in which the society is actually registered, be cancelled.

 

  1. Power of central Government to make rules. The Central Government may, by notification in the official Gazette, make rules for carrying into effect the provisions of this Act.
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