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NCT Delhi - Section

Section 45 in Delhi Co-operative Societies Act, 1972

45. Other forms of State aid to co-operative societies.

- Notwithstanding anything contained in any law for the time being in force, the Central Government may-
(a)subscribe to the share capital of a co-operative society;
(b)give loans or make advances to co-operative societies;
(c)guarantee the repayment of principal and payment of interest on debentures issued by a co-operative society;
(d)guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Central Government;
(e)guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society; and
(f)give financial assistance in any other form, including subsidies, to any co-operative society.