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SERIES I No. 47

Reg. No. RNP/GOA/32/2024-2026

RNI No. GOAENG/2002/6410

PUBLISHED BY AUTHORITY

Suggestions are welcomed on e-mail: dir–[email protected]

EXTRAORDINARY

No. 2

Panaji, 27th February, 2024 (Phalguna 8, 1945)

GOVERNMENT OF GOA

Department of Co-operation

Office of the Registrar of Co-operative Societies

–––

Notification

42/2/2001/TS/RCS(Suppl.)/Vol.I/4490

In exercise of the powers conferred by

sub-sections (1) and (2) of section 127 of

the Goa Co-operative Societies Act, 2001

(Goa Act No. 36 of 2001) and all other powers

enabling it in this behalf, the Government of

Goa hereby make the following rules so as to

further amend the Goa Co-operative Societies

Rules, 2003, namely:—

(1) Short title and commencement.— (1)

These rules may be called the Goa

Co-operative Societies (Fifth Amendment)

Rules, 2024.

(2) They shall come into force on the date

of their final publication in the Official Gazette.

(2) Substitution of rule 134.— For rule 134

of the Goa Co-operative Societies Rules, 2003,

the following rule shall be substituted,

namely:—

“134. Fee and premium for transfer of

shares or interest of the member.— (1) A

member whose application for transfer of

shares and occupancy right in the plot of

land/dwelling unit/commercial unit where

the landed property is owned by the

co-ownership or co-partnership housing

society is accepted by the society,

shall pay:—

(a) fixed transfer fee of Rs. 2,000/-

(Rupees two thousand only) to the

society; and

(b) an amount of premium to the

society at the rate up to 2% of the market

value of such plot of land/housing unit/

/commercial unit as on the date of

effecting transfer of share/interest.

(2) The society shall pay Rs. 10,000/-

(Rupees ten thousand only) to the

Government, out of the premium amount

collected. The said amount of Rs. 10,000/-

shall be deposited by the concerned society

by way of e-challan directly into the

Government Treasury within a period of

15 days from the date of receipt of such

OFFICIAL GAZETTE — GOVT. OF GOA

SERIES I No. 47

(EXTRAORDINARY No. 2)

27TH FEBRUARY, 2024

2808

amount from member and e-receipt thereof

shall be submitted to the Registrar.

(3) Any transfer of share or interest of

the member approved by the society in

contravention of sub-rule (1) and (2) shall

be ab-initio null and void.

(4) Where the society fails to deposit the

amount in the Government Treasury as

specified in sub-rule (2), such amount shall

be recovered by the Registrar from the

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Government Printing Press,

Mahatma Gandhi Road, Panaji-Goa 403 001.

PRICE – Rs. 2.00

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society, along with interest at the rate of

four percent as an arrears of land revenue,

without prejudice to other mode of

recovery.”.

By order and in the name of the

Governor of Goa.

Arvind V. Bugde, Registrar of Co-operative

Societies & ex officio Joint Secretary

(Co-operation).

Panaji, 26th February, 2024.