(1) An application for re-admission to the Fund shall be in Form No. VI.
(2) Along with the application, the applicant shall pay in lump to the Fund, the application fee of two hundred rupees together with the amount received by him under section 16 of the Act with interest calculated at the rate of 12 per cent 1 Inserted by Notification No.KBC/Govt.1488/2017 in the KG No.35 dated 04.09.2018.
2 Substituted by S.R.O. No.33 of 1987 in the K.G. Ext. No.24. dated 08.01.1987 annum from the date of receipt of the amount from the Fund till the date of application.
(3) The remittance of the amount shall be made by means of a crossed Demand Draft drawn in favour of the Trustee Committee.
(4) On receipt of an application together with the amount specified in sub rule (2), the Trustee Committee shall make such enquiry as it deems fit, and either readmit the applicant to the Fund or for reasons to be recorded in writing reject the application:
Provided that no order rejecting an application for readmission shall be passed unless the applicant has been given an opportunity of being heard.
(5) If the Trustee Committee rejects an application for readmission, the amount remitted by the applicant shall be refunded.]