(1) This Act may be called the 1Telangana State Handloom Weavers' Co-operative Society (Formation) Act, 1976.
In this Act, unless the context otherwise requires,-
(1) Notwithstanding anything in the Co-operative Societies Act, or the rules made thereunder or the bye-laws for the time being in force with effect on and from such date as the Government may, by notification, appoint in this behalf, the Andhra Handloom Weavers' Co-operative Society, the Hyderabad Handloom Weavers' Central Co-operative Association and the Rayalaseema Apex Weavers' Co-operative Society, shall stand amalgamated and shall be formed into a single new society, called the Telangana State Handloom Weavers’ Co-operative Society Limited having as the area of its operation the entire territory comprised in the State.
(1) On the amalgamation with effect on and from the appointed day,-
Subject to the provisions of this Act, the Co-operative Societies Act, the rules and the bye-laws, the ultimate authority of the new society shall vest in the general body consisting of such members of the general bodies of the amalgamated societies as may be specified by the Government by notification.
1[6. Management of the affairs of the new society.-- (1) Notwithstanding anything in this Act, the co-operative Societies Act, or the rules made thereunder or the bye-laws for the time being in force, the management of the affairs of the new society shall vest in the Committee consisting of the following members, namely:-
(1) The services of officers and other employees of the amalgamated societies shall stand transferred to the new society.
The provisions of this Act shall have effect notwithstanding anything inconsistent therewith contained in the Co-operative Societies Act.
(1) The Government may, by notification, make rules to carry out all or any of the purposes of this Act.
If any difficulty arises in giving effect to the provisions of this Act the Government may make such orders not in consistent with the purpose of this Act as appear to them to be necessary or expedient for the purpose of removing the difficulty.
The Andhra Pradesh State Handloom Weavers Co-operative Society (Formation) Ordinance, 1976 is hereby repealed.