Levy of Charges of the Society

Part 1

v     Items

The Managing Committee has to work out the contribution to be collected from the members for the day to day working of the society. Levy of the charges of the society has been given in Bye-laws Nos.67 to 72.

Bye-law No. 67 gives the details of the contribution to be collected from members of the society, towards out goings and establishment of its funds, referred to in these Bye-laws as “the charges” may be in relation to the following:

(1)   Property Taxes

(2)   Water Charges

(3)   Common Electricity Charges

(4)   Contribution to Repairs & Maintenance Fund

(5)   Expenses on Repairs and Maintenance of the Lift of the society, including charges for running the lift

(6)   Contribution to the Sinking Fund

(7)   Service Charges

(8)   Car Parking Charges

(9)   Interest on the defaulted charges

(10)     Repayment of the Installment of the Loan and Interest

(11)     Non Occupancy Charges

(12)     Insurance Charges

(13)     Lease Rent

(14)     Non Agricultural Tax

(15)     Any other Charges.

v     Service Charges

Bye-law No. 68 gives the details of the service charges of the society referred to above and shall include the following:

(A) Salaries of the office staff lift men, watchmen; Mail and any other employees of the society

(B) Where the society has any independent office the property taxes, electricity charges, water charges etc for the same

(C) Printing, stationery and postage

(D) Traveling allowance and conveyance charges to the staff and the members of the Committee of the society

(E) Sitting fees paid to the members of the Committee of the society

(F) Subscription to the Education Fund of the Maharashtra Rajya Sahakari Sangh Ltd.

(G) Annual Subscription of the Housing Federation and any other Co-operative institution to which the society is affiliated

(H) Entrance fees for affiliation to the Housing Federation and any other Co-operative Institution

(I) Audit fees for internal, statutory and re-audit, if any

(J) Expenses incurred at meetings of the general body, the committee and the Sub-Committee, if any

(K) Retainer fees, legal charges, statutory enquiry fees

(L) Common Electricity Charges

(M) Any other charges approved by the general body at its meeting, However such charges should not contradict the provisions of the Act, Rules and Bye-laws of the society.