Notwithstanding anything contained in any law for the time being in force the Government may,
(a) give loans or make advances to co-operative societies ;
(b) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society ;
(c) guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Government ;
(d) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society ; and
(e) give financial assistance in any other form including subsidies, to any co-operative society.
(a) give loans or make advances to co-operative societies ;
(b) guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society ;
(c) guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Government ;
(d) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society ; and
(e) give financial assistance in any other form including subsidies, to any co-operative society.
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Next · Section 56Provisions of this Chapter to over-ride other laws. →All sections / सभी धाराएँTHE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989 →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · The Registrar.Section 4 · Societies which may be registered.Section 5 · Application for registration of Co-operative Societies.Section 6 · Registration.Section 7 · Registration certificate.Section 8 · Registration with limited or unlimited liability.India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.