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The National Co-operative Development Corporation Act, 1962

Central

An Act to provide for the incorporation and regulation of a corporation for the purpose of planning and promoting programmes for the production, processing, marketing, storage, export and import of agricultural produce, foodstuffs industrial goods, livestock, certain other commodities and services on co-operative principles and for matters connected therewith or incidental thereto.

Act number
26 of 1962
Ministry
Ministry of Agriculture and Farmers Welfare
Department
Department of Agriculture, Cooperation and Farmers Welfare
Enacted
31 Aug 1962

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

27 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions.
  3. Section 2AConstruction of references to any law not in force or any functionary not existence in the State of Jammu and Kashmir.
  4. Section 3Establishment of the National Co-operative Development Corporation.
  5. Section 4Disqualifications for being a member of Corporation.
  6. Section 5Term of office of members of Corporation.
  7. Section 6Removal from office of member, etc.
  8. Section 7Meetings, etc., of Corporation.
  9. Section 8Officers and other employees of Corporation.
  10. Section 9Functions of Corporation.
  11. Section 10Board of Management of the Corporation.
  12. Section 11Other committees.
  13. Section 12Grants by the Central Government to Corporation.
  14. Section 12APower of Corporation to borrow money.
  15. Section 12BGrants, donations, etc.
  16. Section 13Corporation to maintain fund.
  17. Section 14Returns and reports.
  18. Section 15Directions by Central Government.
  19. Section 16Submission of programme of activities and financial estimates.
  20. Section 17Accounts of Board and audit.
  21. Section 18Vacancies, etc., not to invalidate acts and proceedings of the Corporation.
  22. Section 19Delegation.
  23. Section 20Declaration of fidelity and secrecy.
  24. Section 21Dissolution of Corporation.
  25. Section 22Power to make rules.
  26. Section 23Power of Corporation to make regulations.
  27. Section 24Repeal and saving.