19;?2.\ 



AGlilCUL TUBAL CREDIT SOCIETIES. 



49 



Powers of 

 Audit. 



11. Section 17 of the Principal Ordinance is hereby repealed, and in Report by 

 lieu tfiereof shall be read the following:— AVarden. 



17. The Governor may require any Warden to enquire into and 



report on any application under section 4 hereof, and on the 

 working of any registered Credit Society operating within 

 his county, and it shall bs the duty of the Warden and of his 

 officers to take all steps necessary to enable such report 

 to be made. 



12. Section 18 of the Principal Ordinance is hereby repealed, and in 

 lieu thereof shall be read the following : — 



18. The accounts, vouchers, documents and funds of any registered 



Credit Society siiall be at all times liable to inspection by the 

 Auditor-General or any person authorized by him either at the 

 Audit Office or at the office of the Society. 



13. — (1) The Committee of any registered Credit Society may make an Expulsion of 

 order (herein referred to as an Order of Expulsion) excluding from the g^o^Jj^tf,'^ """"^ 

 Society any member who may become insolvent, or be in arrears of 

 payments due by him to the Society or whose conduct or reputation 

 threatens to impair seriously the welfare of the Society : provided 

 always that such order of expulsion shall not relieve a member from any 

 indebtedness to the Society at the time of his expulsion, or deprive him 

 of a right to any sums then due to him by the Society. 



(2) Any member so excluded may appeal against such order of 

 expulsion to the next general meeting of the Society, whose decision 

 shall be final. 



14. Schedule II to the Principal Ordinance is hereby amended Ameadmentof 

 , ,, Schedule II. 



as follows : — • 



(i) After the word '• Secretary " in sub-section (2) of Eule II shall 

 be inserted the following : — 



All applications for membership shall be submitted by 

 the Secretary to the Committee of Management 

 before being brought up at a general meeting, 

 (iij Paragraph (4) of Rule II is hereby repealed, 

 (iii) In lieu of the words " An annual general meeting of the 

 members of the Credit Society shall be held in the month of 

 August each year " in Ptule V (b) shall be read the words :— 

 An annual general meeting of the members of the 

 Society shall be held in July or August each year. 

 (iv) The following shall be inserted at the end of paragraph (b) of 

 Rule V :— 



Provided that a special general meeting may by a 



majority of two-thirds of the members present 



increase the total amount of loans that may 



be contracted. 



(v) Rule No. IX is hereby amended by inserting the following at 



the end of the first paragraph : — 



(J) To file and transmit copies and record and notify 

 payments of charges. 



