Employees’ Deposit-Linked Insurance Scheme, 1976

Sections	Employees’ Deposit-Linked Insurance Scheme, 1976

	Notification

	CHAPTER I: PRELIMINARY
1.	Short title, commencement and application
2.	Definitions
3.	Administration of the Scheme
4.	Regional Committee
5.	Delegation of power by the Central Board
6.	Administrative and financial powers of the Commissioner
7.	Contribution
8.	Mode of payment of contribution
8A.	Recovery of damages for default in payment of any contribution
8B.	Terms and conditions for reduction or waiver of damages
9.	Employer’s contribution not to be deducted from the wages of the employees
10.	Duties of employers
11.	Inspection of records and registers by the Commissioner or Inspector
12.	Supply of forms to employers
13.	Administration Account
14.	Deposit-Linked Insurance Fund Account
15.	Investment of moneys belonging to the insurance fund
16.	Interest
17.	Disposal of the Insurance Fund
18.	Expenses of Administration
19.	Forms and manner of maintenance of accounts
20.	Audit
21.	Budget
22.	Scales of assurance benefit and the minimum average balance to be maintained by an employee
23.	Assurance benefit to whom payable
24.	Assurance amount - How to be paid
25.	Registers, Records, etc.
26.	Annual report on the working of this Scheme
27.	Power to issue directions
28.	Special provisions relating to coal mines in respect of which applications are received for exemption from the provisions of this Scheme
29.	Punishment for failure to submit returns, etc.

	FORM 1
	FORM 2
	FORM 3
	SCHEDULE NO. I
	SCHEDULE NO. II
	SCHEDULE NO. III
	SCHEDULE NO. IV
	SCHEDULE NO. V
	SCHEDULE NO. VI
	SCHEDULE NO. VII
	SCHEDULE NO. VIII

Employees’ Deposit-Linked Insurance Scheme, 1976

Partner Site : E-Magazine | Articles | Fun zone | Lawyers jokes | Short stories