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Section 3

[70A. Concurrent Audit.— In case of multi-State co-operative societies,––

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3 [70A. Concurrent Audit.— In case of multi-State co-operative societies,–– (i) having an annual turnover more than the amount as determined by the Central Government; or (ii) having deposit of more than the amount as determined by the Central Government, the concurrent audit shall be carried out by an auditor appointed from a panel of auditors approved by the Central Registrar.]