Section 2(12) in The West Bengal Co-Operative Societies Act, 1983
(12)"co-operative land development bank" means a co-operative society, the objects of which include the creation of funds for lending money to its members on long-term for improvement of agricultural land and for other productive purposes.Explanation.- In this clause,-(i)"long-term" shall mean a term exceeding [five years;] [Words substituted by West Bengal Act 27 of 1989.](ii)"productive purpose" shall mean such effort, activity or constructions as may be prescribed.
