1. Short title and Commencement.

Object & Reasons 6
Statement of object and Reasons Act No. 17 of 2013.
(ii) New sub-Section (1B) proposed to be inserted in Section 74 by this clause provides for the reservation of one seat for Scheduled Castes or Scheduled Tribes and two seats for Women on the Managing Committee of every society; and also one seat be reserved small farmers and marginal farmers;
(iii) New sub-Section (1C) proposed to be inserted in Section 74 by this clause provides that the term of office of the elected members of the Managing Committee and its office bearers shall be five years from the date of the election of the Committee and filling up of the casual vacancies by nomination if the term of office of the elected members of the Managing Committee and its office bearers;
(iv) New sub-Section (1D) proposed to be inserted in Section 74 by this clause provides for co-option of the persons not exceeds two, having experience in the field as mentioned therein;
(v) New sub-Section (1D) proposed to be inserted in Section 74 by this clause provides that the co-opted members shall not have the right to vote in any election of the society in their capacity as such members or be eligible for contesting election of office of bearers of the Managing Committee;
(vi) New sub-section (1E) proposed to be inserted in Section 74 by this clause provides that the functional directors of the society, shall also be members "of Managing Committee but shall be excluded from the total number of members of the Managing Committee.
(ii) sub-Section (2) of new Section 74-CC proposed to be inserted by this clause empowers the State Government to prescribe by rules, the manner in which the authority shall conduct the election of the Committee and of the office bearers of the societies other than the specified societies.
(i) the term of existing societies;
(ii) orders passed by the administrator or Registrar;
(iii) transfer of pending proceedings before the Registrar or authorized person or any other officer, authority as may be notified by the State Government.