(1) Subject to the provisions of this Act and the rules, functions
of every co-operative society shall be regulated by a set of bye-laws
registered under this Act, the subject matter of which is enclosed as
Schedule B; and no amendment therein shall be valid unless such
amendment has been registered by the Registrar under the provisions of
this Act.
(2) An amendment of the by-laws of a co-operative society shall, unless it is expressed to come into operation on a particular day, come into force on the day, on which it is registered
(2) An amendment of the by-laws of a co-operative society shall, unless it is expressed to come into operation on a particular day, come into force on the day, on which it is registered