Housing Society Bye-laws are the rules and regulations laid down for the proper and peaceful running of the co-operative housing societies. Co-operative society bye-laws are approved by the government authorities and are formed with the intention to help the societies self-regulate themselves.
Model Bye–Laws of Cooperative Housing Society
IX. LEVY OF CHARGES OF THE SOCIETY
Bye Law No 65. Composition of the Charges of the Society
The contribution to be collected from the Members of the Society, towards outgoing and establishment of its funds, referred to in these bye-laws as ‘the charges’ may be in relation to the following : (i) Property Taxes, (ii) Water Charges, (iii) Common Electricity Charges, (iv) Contribution to Repairs and Maintenance Fund, (v) Expenses on repairs and maintenance of the lifts of the Society, including charges for running the lift. (vi) Contribution to the Sinking Fund, (vii) Service Charges, (Viii) Car Parking Charges, (ix) Interest on the defaulted charges, (x) Repayment of the installment of the loan and interest, (xi) Non-occupancy Charges, (xii) Insurance Charges, (xiii) Lease rent, (xiv) Non-agricultural tax. (xv) Education and Training Fund (xvi) Election Fund (xvii) Any Other Charges.
Bye Law No 66. Break-up of Service Charges of the Society
The Service charges of the Society referred to at 64 (vii) above shall include the following:
a. Salaries of the office staff, liftmen, watchmen, malis and any other employees of the Society.
b. Where the Society has an 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 cooperative institution.
i. Audit Fees for internal, Statutory and reaudit, if any.
j. Expenses incurred at meetings of the general body, the Committee an 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.
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