Not with standing anything contained in the Limitation Act but subject to the specific provisions made in this Act, the limitation in the case of a dispute referred to arbitration (a) when the dispute relates to the recovery of any sum including interest thereon due to a limitation period of disputes in a Multi State Cooperative Society by a member thereof, be computed from the date on which such member dies or ceases to be a member of the society (b) save as otherwise provided in clause (c), when the dips relates to any act or omission on the part of any of the partied referred to in clause (b) or clause (c) or clause (d) section (1) six years from the date on the act or omission, with reference to which the dispute took place (c) when the dispute is in respect of an election of In officer multi state society, be one from the declaration of the result of the election. (2) The period of limitation in the case of any dispute, except mentioned in sub-section (1), which are required to be referred to arbitrate shall be regulated by the provisions of the Limitation Act, 1963 as if the dispute were a suit and the arbitrator a civil court. (3) Notwithstanding anything contained in sub-sections (1) and the arbitrator may admit a dispute after the expiry of the period of limitation if the applicant satisfies the arbitrator that he had sufficient cause for referring the dispute within such period. It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. The cooperative societies with objects not confined to a single state and serving the interests of members in more than one state for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles are considered multi state co-operative societies. In a Multi state cooperative credit society (Credit & Deposit Unions), the needs of the customers and the owners, are co-terminus as Multi state Cooperative Credit Society (Credit & Deposit Unions) members are both owner and customers. As a consequence, the first aim of a multi state cooperative credit society (Credit & Deposit Unions) is not to maximize profit but to provide the best possible products and services to its members. Co-operative credit society (Credit & Deposit Unions) play an influential role for the economic growth and cooperative development in the countries in which they work in and increase the efficiency of the international financial system. Their specific form of enterprise, relying on the above-mentioned principles of organization, has proven successful both in developed and developing countries.