law: Co-Operative Societies Act 2008 
  120.
  
  Development Fund
  1.      Every society shall
  
  establish and maintain a Development Fund.
  2.      Every registered
  
  society that realizes a surplus from its operations as ascertained by the
  
  annual audit shall make such annual contribution as may be determined by the National
  
  League or National Council not exceeding ten percent of that surplus to such
  
  fund to be used for the development of registered societies.
  3.      Subject to subsection
  
  (4), the Development Fund shall be administered by the National League or
  
  National Council in such manner as may be prescribed.
  4.      Where a National
  
  League or National Council has not been established or is not functioning as
  
  such, the Development Fund shall be administered by such person or body of
  
  persons as the Register determines.
  5.      The Development Fund
  
  shall be administered by the National League in such a manner as may be
  
  prescribed.