Definition of co-operative society clarified, inserting statutory definition and relettering the existing clause effective retrospectively. Amendment to Section 2 of the Wealth-tax Act, 1957 inserts a statutory definition of co-operative society as a society registered under the Co-operative Societies Act, 1912 or any corresponding State law, and provides that the new clause is deemed always to have been inserted; the existing clause (ha) is relettered as clause (hb) with effect from April first, 1965.