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Section 27: Procedure for execution of contracts

The Karnataka Labour Welfare Fund Rules, 1968.State Rules of Karnataka · 1965

(1) The Board may enter into and perform all such contracts as it may consider necessary or expedient for carrying into effect the provisions of the Act.

(2) Every contract made under or for any purpose of the Act shall be made on behalf of the Board,- 12

(i) by the Welfare Commissioner; or

(ii) subject to such conditions as it may specify by such member or officer of the Board as it may authorise:

Provided that the prior sanction of the State Government shall be obtained in respect of any contract involving an expenditure exceeding ten thousand rupees.

(3) Every-contract entered into by any person referred to in sub-rule (2) shall be entered into in such manner and form as would bind him if it were made on his own behalf and any other in like manner and form be varied or discharged:

Provided that the common or official seal, as the case may be, of the Board shall be fixed into every contract for amounts exceeding one thousand rupees.

Where this provision sits

ActThe Karnataka Labour Welfare Fund Rules, 1968.
Section27
Marginal noteProcedure for execution of contracts
JurisdictionState of Karnataka
StatusIn force as published by the source

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