Section 21-A

The Board may, in furtherance of the objectives of the Act, and for undertaking the activities specified in section 21-B, with the prior approval of the Government, create a subsidiary in the form of,-
(i) an institution to be incorporated and organised under the provisions of the Companies Act, 1956 (Central Act 1 of 1956):
(ii) a society under the provisions of the Andhra Pradesh Co-operative Societies Act, 1964 (A.P.Act 7 of 1964); or the Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995 (A.P.Act 30 of 1995);
(iii) a firm under the provisions of the Indian Partnership Act, 1932 (Central Act 9 of 1932).