Section 68 in The Manipur Co-operative Societies Act, 1976
68. Contribution to educational fund to the State Co-operative Union.
(1)Every society shall contribute annually towards the Educational Fund of the Manipur State Co-operative Union which may be notified in this behalf by the State Government at such rate as may be prescribed and different rates may be prescribed from different societies or classes of societies depending on their financial conditions.(2)Every society shall pay its contribution to the said fund, within two months from the date on which its accounts are adopted by the general meeting. Any officer wilfully failing to comply with the requirements of this section shall be personally liable for making good the amount to the Manipur State Co-operative Union.
