Section 2(9) in Mizoram Cooperative Societies Act, 2006
(9)"Bonus" means payment made in cash or kind out of the profits of a co-operative to a member, or to a person who is not a member, on the basis of his contribution (including any contribution in the form of labour or service) to the business of the co-operative but does not include any sum paid or payable as bonus to any employee of the co-operative under the Payment of Bonus Act, 1965.
