Kerala Ration Dealers Welfare Fund Ordinance, 1998 (10 of 1998), is here by repealed.
THE FIRST SCHEDULE [See sub-section (5) of section 3] Matters for which provision may be made in the Scheme.
1. Form of application and the manner of registration of ration dealers as members of the Fund.
2. The time within which and the manner in which contribution shall be made by a member, to the Fund.
3. The maximum amount of financial assistance that may be given to a member who suffers from permanent disablement or infirmity.
4. The maximum amount of medical expenses that may be given to a member or the members of his family and the conditions subject to which it may be given.
5. The courses of study for which educational assistance in the form of scholarship may be provided.
6. The manner in which the Fund shall be administered by the Managing Committee
7. The time and the venue of the meeting of the Managing Committee, the quorum thereof and the procedure to be followed therein.
8. The powers and the duties of the Chief Executive Officer and other officers and staff of the Managing Committee.
9. The investment of money belonging to the Fund in accordance with any direction issued or conditions specified by the Government.
10. The manner of preparation and approval of annual budget.
11. The conditions subject to which withdrawals from the Fund may be permitted and any deduction or forfeiture may be made and maximum amount of such deduction or forfeiture.
12. The form in which a member shall furnish particulars about himself and his family, whenever required.
13. The nomination of a person by a member to receive any amount from the Fund due to him on his death and cancellation or variation of such nomination.
14. Registers and records to be maintained with respect to the Fund and the members.
15. The fees to be levied for any of the purposes specified in this Schedule.
16. The purposes for which the Fund may be utilised for the welfare of the members and members of their families.
17. The procedure for defraying the expenditure incurred in the administration of the Fund.
18. Any other matter which is to be provided for in the Scheme or which may be necessary or proper for the purpose of implementing the Scheme.
THE SECOND SCHEDULE Amount payable to a member on Death or Cessation of membership [ Sub-section (1), (2) and (3) of section 7 ] (Amount in Rupees) Completed years of membership Amount payable to nominee / legal heirs of a member in the event of his death before attaining the age of seventy Amount payable to a member on cessation of membership or to the nominee / legal heirs of a member in the event of his death after attaining the age of seventy
(1) (2) (3) 0 year 10,000 0 1 years 11,000 620 2 years 12,000 1,270 3 years 13,000 1,950 4 years 14,000 2,660 5 years 15,000 3,410 6 years 16,000 4,200 7 years 17,000 5,030 8 years 18,000 5,900 9 years 19,000 6,810 10 years 20,000 7,770 11 years 21,000 8,770 12 years 22,000 9,820 13 years 23,000 10,930 14 years 24,000 12,090 15 years 25,000 13,310 16 years 26,000 14,590 17 years 27,000 15,930 18 years 28,000 17,340 19 years 29,000 18,820 20 years 30,000 20,380 21 years 31,000 22,010 22 years 32,000 23,730 23 years 33,000 25,530 24 years 34,000 27,420 25 years 35,000 29,410 26 years 36,000 31,500 27 years 37,000 33,690 28 years 38,000 35,990 29 years 39,000 38,400 30 years and above 40,000 40,000 ( True Translation )