Lawzonline.com

 

 

 


 Home>>Bare Acts>>Back to Index

 

 

15. Investment of moneys belonging to the insurance fund.- (1) All moneys standing to the credit of the insurance fund as on 31st March, 1997, shall be kept in deposit with the Central Government in the public account, and the Central Government shall allow interest at a rate not less than 8½ per cent per annum.

(2) The moneys credited as contributions to the insurance fund on and from the 1st day of April, 1997, shall be invested as per the investment pattern notified under paragraph 52 of the Employees’ Provident Funds Scheme, 1952.

 

 

 

 

Central Bare Acts
State Bare Acts

  

 

 

 


Home | Law Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer |  Privacy Policy


  
  
 

 

 

Copy right : Indu Info (All rights reserved)