Regulations under article 240, 2025

Text

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EXTRAORDINARY

PUBLISHED BY AUTHORITY

No. 42] NEW DELHI, MONDAY, NOVEMBER 10, 2025/KARTIKA 19, 1947 (Saka) Separate paging is given to this Part in order that it may be fi led as a separate compilation.

MINISTRY OF LAW AND JUSTICE

(Legislative Department) New Delhi, the 10th November, 2025/Kartika 19, 1947 (Saka)

THE ANDAMAN AND NICOBAR ISLANDS CO-OPERATIVE

SOCIETIES (AMENDMENT) REGULATION, 2025

Promulgated by the President in the Seventy-sixth Year of the Republic of India. A Regulation further to amend the Andaman and Nicobar Islands Co-operative Societies Regulation, 1973.

In exercise of the powers conferred by article 240 of the Constitution, the President is pleased to promulgate the following Regulation made by her:

1. (1) This Regulation may be called the Andaman and Nicobar Islands Co-operative Societies (Amendment) Regulation, 2025.

(2) It extends to the whole of the Union territory of the Andaman and Nicobar Islands.

(3) It shall come into force on such date as the Administrator may, by notification in the Official Gazette, appoint.

Short title, extent and commencement.

UPLOADED BY THE MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI–110002 AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI–110054.

DROUPADI MURMU,

President.

Substitution of new section for section 6.

Restriction on holding of shares.

Amendment of section 41.

2. For section 6 of the Andaman and Nicobar Islands Co-operative Societies Regulation, 1973 (hereinafter referred to as the principal Regulation), the following section shall be substituted, namely:

-operative society, other than the Government, shall hold more than one-fifth of the total subscribed share capital of such

3. In section 41 of the principal Regulation, for the third proviso, the following proviso shall be substituted, namely:

also that the rate of dividend, to be declared by the society, shall be decided in the General Body meeting, subject to allocation of reserve fund under this section and the Co-operative Education Fund under section 43.

Reg. 3 of 1973.

Secretary to the Govt. of India.

KSHITIZ

MOHAN

Digitally signed by KSHITIZ

MOHAN