Gujarat Co-operative Societies Act, 1961
Notwithstanding anything contained in this Act or the rules made there under or the bye-laws of the bank, a person who at the commencement of the Gujarat Co-operative Societies (Amendment) Act, 2002 is holding the office of the Chairman, Vice-chairman or Managing director (if such Director is elected) of a committee continuously for a period nor less than six years shall, unless he resigns or is removed earlier, cease to hold that office either on the date when the new chairman, Vice-chairman or, as the case may be, Managing Director is elected or on the 30th June, 2002, whichever is earlier.]