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[Cites 0, Cited by 0] [Section 79] [Entire Act]

State of Tamilnadu - Subsection

Section 79(3) in Tamil Nadu Co-operative Societies Rules, 1988

(3)Such permission shall not be granted for more than one year at a time and the maximum amount that can be so invested in any or all of such banking companies shall not be in excess of the requirements of the society for obtaining the banking services required by it and shall not result in diversion of funds outside the co-operative sector.