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Union of India - Section

Section 12B in The National Co- Operative Development Corporation (Amendment) Act, 2002

12B. Grants, donations, etc.-

(1)The Corporation may receive gifts, grants, donations or benefactions from Government or any other agency in or outside India.
(2)The Corporation shall not receive any gifts, grants, donations or benefactions from a foreign government or any other agency outside India except with the previous approval of the Central Government.