2. Every co-operative society named in the second column of the First Schedule is exempted from the provision of the Act specified opposite thereto in the first column.
Application of certain provisions of Act with modifications or conditions
3. The provision of the Act specified in the first column of the Second Schedule shall apply to each co-operative society and subject to the modification or condition set out opposite thereto in the second and third columns, respectively.
4. The Co-operative Societies (Exemption Orders) (Consolidation) Order (O 1) and the Co-operative Societies (Exemption) (Consolidation) Order (O 3) are revoked.