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State of Rajasthan - Section

Section 50 in Rajasthan Co-operative Societies Act, 1965

50. Subsidiary State Partnership Fund.

- A central society which is provided with moneys by an apex society from the Principal State Partnership Fund shall, with such moneys, establish a fund to be called the "Subsidiary State Partnership Fund".
(2)A central society shall utilise the Subsidiary State Partnership Fund" for the purpose of-
(a)purchasing shares in primary societies;
(b)making payments to the apex society in accordance with the provisions of this Chapter; and for no other purpose.