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    <description>CSR activities may be carried on through a registered society established by a company, either alone or jointly with other companies, and the three-year track record requirement does not apply where the implementing agency is so established. Once the society is registered as an eligible implementing agency under the CSR framework, it may receive CSR funding from other companies as well, and those contributing companies may generally treat the expenditure as CSR spend if the activity falls within Schedule VII and the remaining statutory and disclosure conditions are met.</description>
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