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of <h1>Multi-State Co-operative Societies Act Section 64 Amended: New Investment Rules for Government Securities and Banking Institutions.</h1> Section 64 of the Multi-State Co-operative Societies Act has been amended to update investment provisions. Clause (b) now allows investments in securities issued or guaranteed by various government entities. Clause (d) specifies that investments can be made in institutions within the same business line as the co-operative society. Clauses (e) and (f) have been revised to permit dealings with scheduled or nationalised banks, as defined by relevant banking legislation, or in other manners determined by the Central Government.
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