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Section 21: Fund Payable to a Minor

The Karnataka General Provident Funds Rules, 2016.State Rules of Karnataka · 1990

Where the amount payable under sub-rule 3 of rule 19 to a minor or minors does not exceed five thousand rupees, or where such amount exceeds five thousand rupees, an amount upto five thousand rupees, may be paid to the natural guardian of the minor or minors on their behalf, and where there is no natural guardian, to the person considered fit by the Head of the Department to receive payment on behalf of the minor or minors, without requiring such guardian or person to produce a guardianship certificate, provided the person receiving payment on behalf of the minor or minors executes a bond in the form given in Form-11 along with two sureties undertaking to indemnify Government against loss by any subsequent claim in respect of the said amount. In doubtful cases or in respect of payment of any amount in excess of five thousand rupees, the orders of the Government shall be obtained.

Where this provision sits

ActThe Karnataka General Provident Funds Rules, 2016.
Section21
Marginal noteFund Payable to a Minor
JurisdictionState of Karnataka
StatusIn force as published by the source

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