Section 43: Administration of provident fund

BIS Rules 2018Central Rules · 2016

(1) The General Provident Fund applicable to the officers and employees of the Bureau shall be administered by a committee of administrators, to be nominated by the Director General, comprising a Chairman and four other persons out of which at least two of them shall be the representatives of officers and employees.

(2) The functions of the committee of administrators shall include management of the provident funds and investment of the same in Government securities and other deposits, in the manner laid down by the Central Government in this regard.

Where this provision sits

Act	BIS Rules 2018
Section	43
Marginal note	Administration of provident fund
Jurisdiction	Central
Status	In force as published by the source

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