96. Disposal of surplus assets.

(a) deposit the amount in a co-operative bank until a new co- operative society with similar area of operation is registered when it shall be credited to reserve fund of the new co-operative society;
(b) any purpose connected with the development of co-operative movement, subject to the approval of the Registrar;
(c) an object of public utility selected with due regard to the wishers of the members and approved by the Registrar.