Section 69A
Provisions in relation to appointment under section 69
of Co-Operative Societies Act 1993
(2)
A person appointed by the Commission under subsubparagraph 69(1)(iv)(B), subparagraph 69(1)(v) or paragraph 69(2)(a) shall be appointed for a period not exceeding two years, but may be reappointed for three further consecutive periods not exceeding one year each, and shall, during such period of appointment or reappointment, hold his appointment or reappointment at the discretion of the Commission.
(3)
The terms and conditions of an appointment referred to in subsection (1) shall be determined by the Commission and shall be binding on the co-operative society concerned.
(4)
The appointment of a member of the Board of a co-operative society under subsubparagraph 69(1)(iv)(B) co-operative society to have further members of the Board where the maximum number of members of the Board allowed under section 42 has not already been reached or exceeded by the appointment.
(5)
A person appointed under subsection (1) shall not be liable to the co-operative society or incur any obligation to any member thereof
Co-operative Societies 67
or to any person for any act done by him in good faith, solely by reason of his holding such appointment.
Provisions in relation to removal from office under subparagraph 69(1)(iii) or subsubparagraph 69(1)(c)(iv)(A)