Legal glossary

“patronage bonus”

Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
  1. Companies Act · s. 378A

    The Companies Act, 2013

    (i) "patronage bonus" means payments made by a Producer Company out of its surplus income to the Members in proportion to their respective patronage;
    Read section 378A