Section 45C of The Multi-State Co-operative Societies Act, 2002
1[45C. Disclosure and declaration of interest. --(1) Before appointing any person as Chairperson, Vice-Chairperson or Member, the Central Government shall satisfy itself that the person does not have any such financial or other interest as is likely to affect prejudicially his functions as such Chairperson, Vice-Chairperson or Member.
- (2)The Chairperson, Vice-Chairperson or Members shall immediately after entering office and every year thereafter, make a declaration as to the extent of their interest, whether direct or indirect and whether financial or otherwise, in any co-operative society.
- (3)The declaration so made under sub-section (2) shall be placed in the public domain by the Authority.]
Summary
- The Central Government must ensure a person does not have any conflicting financial or other interest before appointing them.
- After entering office, the Chairperson, Vice Chairperson, and Members must immediately declare their direct or indirect interests in any co-operative society.
- This declaration of interest, whether financial or otherwise, must be updated and made every year thereafter.
- The Co-operative Election Authority is required to place these declarations in the public domain.
Practical examples
FAQ
1. Who must ensure that a candidate has no conflicting interests before appointing them to the Co-operative Election Authority under the Multi-State Co-operative Societies Act, 2002?
Under Section 45C of the Multi-State Co-operative Societies Act, 2002, the Central Government must satisfy itself that the candidate does not have any financial or other interest that could prejudicially affect their functions.
2. How often must members of the Co-operative Election Authority declare their interests under the Multi-State Co-operative Societies Act, 2002?
According to Section 45C of the Multi-State Co-operative Societies Act, 2002, members must make a declaration of their interests immediately after entering office and every year thereafter.
3. Are the interest declarations of the Co-operative Election Authority officials kept confidential under the Multi-State Co-operative Societies Act, 2002?
No, Section 45C of the Multi-State Co-operative Societies Act, 2002, explicitly mandates that all such declarations of interest must be placed in the public domain by the Authority.
Test yourself
Q1.Under Section 45C of the Multi-State Co-operative Societies Act, 2002, what type of interests must the Chairperson, Vice-Chairperson, and Members declare upon entering office?
Q2.Under Section 45C of the Multi-State Co-operative Societies Act, 2002, when are the members of the Co-operative Election Authority required to make their declarations of interest?
Q3.Under Section 45C of the Multi-State Co-operative Societies Act, 2002, what must the Co-operative Election Authority do with the conflict of interest declarations submitted by its members?
Q4.Under Section 45C of the Multi-State Co-operative Societies Act, 2002, whose duty is it to ensure that a person has no prejudicial financial interest before their appointment to the Co-operative Election Authority?