(1) After the liquidation of the cooperative according to section 91 of the Act, after paying all the liabilities according to rule 62, the remaining assets can be transferred according to the directions of the registrar in the following order of priority:-
(a) any other co-operative society of the same nature close to the area of ​​operation of the dissolved co-operative society, (b) Higher association of the same nature of which the dissolved co-operative society is a member.
(2) Notwithstanding anything written in sub-rule (1), the Government of Nepal, on the recommendation of the Ministry, shall transfer the funds of the cooperative organization remaining after spending in accordance with sub-rule (1) of rule 62 to any other body that contributes to the cooperative movement or related to local community education or health. Or it can be transferred for the purpose of local community development that directly benefits women, children and senior citizens.