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Date: 03-Aug-2023 Category: Extra Ordinary State: Union Government Country: India

Notification to bring into force the Multi State Cooperative Societies Amendment Act 2023

Issued by Ministry of Cooperation · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces the enforcement date of the Multi-State Cooperative Societies (Amendment) Act, 2023.

Key Changes

  • The Central Government has declared that the provisions of the Multi-State Cooperative Societies (Amendment) Act, 2023 (Act 11 of 2023) will come into effect on August 3, 2023.
  • This notification is issued under sub-section (2) of section 1 of the aforementioned Act.

Impact Analysis

Multi-State Cooperative Societies

  • Societies should review the amendments and ensure compliance with the new provisions.

Central Government

  • The Ministry will likely need to develop and disseminate guidance and regulations to support the implementation of the Act.

Members/Stakeholders of Cooperative Societies

  • They should familiarize themselves with the new provisions and understand how they impact their rights and responsibilities.

Key Entities Referenced

Multi-State Cooperative Societies (Amendment) Act, 2023: The primary legislation being brought into force by this notification. (Act 11 of 2023) Ministry of Cooperation: The government ministry responsible for the notification and oversight of cooperative societies. Central Government: The entity exercising the powers conferred by the Multi-State Cooperative Societies (Amendment) Act, 2023 to bring the Act into force.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-03082023-247829 xxxGIDExxx CG-DL-E-03082023-247829 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3342] नई दिल्ली, बृहस्ट्प जतवार, अगस्ट्त 3, 2023/श्रावण 12, 1945 No. 3342] NEW DELHI, THURSDAY, AUGUST 3, 2023/SHRAVANA 12, 1945 सहकाररता मत्रं ालय अजधसचू ना नई दिल् ली, 3 अगस्ट् त, 2023 का.आ. 3493(अ).—केन्‍द रीय सरकार, बहुराज्य सहकारी सससाटीी ससंिसधन) अजधजनयम, 2023 (2023 का 11) की धारा 1 की उपधारा स2) द्वारा प्रित्त िजियों का प्रयसग करत े हुए, यह अजधसूजचत करती ह ै दक उक्त अजधजनयम के उपबंध तारीख 03 अगस्ट्त , 2023 से प्रवृत्त होंगे । [फा. स.ं एल-11012/02/2002-एल एंड एम] जविय कुमार, जविेष सजचव MINISTRY OF COOPERATION NOTIFICATION New Delhi, the 3rd August, 2023 S.O. 3493(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Multi-State Cooperative Societies (Amendment) Act, 2023 (11 of 2023), the Central Government hereby notifies that the provisions of the said Act shall come into force with effect from the 03rd day of August 2023. [F. No. L-11012/02/2002-L&M] VIJAY KUMAR, Special Secy. 5023 GI/2023 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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