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[Cites 0, Cited by 0] [Section 90] [Entire Act]

State of Andhra Pradesh - Subsection

Section 90(3) in Andhra Pradesh Co-Operative Societies Act, 1964

(3)The Government may, after consulting the Board and the Trustee,-
(a)by notification in the Andhra Pradesh Gazette ; and
(b)by notice of not less than fourteen days in such of the important news papers in the State and of other States in India as a Government may select in this behalf,
withdraw any guarantee given by them or restrict the maximum amount thereof or modify the conditions, subject to which it was given with effect from a specified date, not being earlier than six months from the date of the publication of the notification referred to in Clause (a) :Provided that the withdrawal, restriction or modification of any guarantee under this sub-section, shall not in any way affect the guarantee carried by any debentures issued under the Andhra Pradesh (Andhra Area) Co-operative Land Mortgage Banks Act, 1934 or under this Act prior to the date on which such withdrawal, restriction or modification, takes effect.