We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
Through an ordinance, the government is going to repeal the National Cooperative Development Board Act, 2049. The Ordinance provides for the establishment of a powerful National Cooperative Regulatory Authority to regulate savings and credit cooperatives.
National Cooperative Development Board's movable and immovable property, assets, liabilities and employees working on the board are automatically transferred to the authority in the ordinance.
"The movable and immovable assets of the National Cooperative Development Board formed in accordance with the ordinance will automatically transfer to the authority, liabilities and employees working on the board," the ordinance says, "Employees working in the National Cooperative Development Board will be adjusted to the same level and position of the authority."
Settlement in cases pending in court other than criminal, asset laundering and organized crime, registration and classification of cooperatives, personal savings and loan limits, membership in credit information center, cooperatives Provisions including establishment of loan and protection fund are also in the ordinance.
