¹[120B. Application of Banking Regulation Act, 1949.—The provisions of this Act shall apply to a multi-State co-operative society in respect of matters relating to incorporation, regulation and winding up:

Provided that in case of a multi-State co-operative society carrying on the business of banking, the provisions of the Banking Regulation Act, 1949 (10 of 1949) shall also apply.]

1. Ins. by s. 44, ibid. (w.e.f. 3-8-2023).