Audit 
The accounts of the Federation shall be audited by an auditor at least once in each year.

The auditor shall be appointed at the annual general meeting of the Federation and he shall hold office until conclusion of the next annual general meeting.

The auditor shall be appointed from a panel of auditors approved by the Central Registrar or from a panel of auditor, if any, prepared by the Federation.

The remuneration of the auditors will be fixed by the general body.

Auditor who fulfils the norms of qualification as per section 72(1) and is not disqualified as per provisions of section 72(2) of the Multi State Cooperative Societies Act, 2002 will only be eligible for appointment as auditor of the Federation.

Utilization of Surplus
The following shall be the first charge on surplus:

(i) Contribution of the Audit Fee as may be fixed from time to time by the Registrar;

(ii) Any deficit undergone by the Federation;

(iii) All payments of salaries, provident fund, working expenses and

(iv) Interest on loan, deposits etc.

The balance should be the net surplus of the Federation and will be used in the furtherance of the objects of the Federation.

Disputes
If any dispute touching the bye-laws or the business of the Federation arises between members or past members of the Federation, persons claiming through a member or past members or between members or persons so claiming and any officer, agent or servant of the Federation (past or present) it shall be referred to the Arbitrator appointed by the Central Registrar, as provided in the Multi State Cooperative Societies Act, 2002 and the Rules framed thereunder.

General
NAFCUB may organize cooperative education programmes by itself or in collaboration with NCUI and other organization, for its employees, directors and its member organizations.

The Board of Directors may frame rules, not inconsistent with the Multi-State Cooperative Societies Act, 2002, the Rules and the bye-law thereto, or make alterations therein from time to time.

In case of any dispute about the meaning or interpretation of any provisions of the Multi State Cooperative Societies Act 2002, Rules and these bye-laws, the decision of the Registrar shall be final.

In cases or where prompt decisions have to be taken the President may call upon any member of the Board or any of the officers of the Federation to represent the Federation at any Committee, conference or convention or appear before any authority. The decision taken shall be placed before next meeting of the Board / Executive Committee for ratification.