(1) The Government shall, by notification in the Gazette, frame a Scheme to be called "the Kerala Small Plantation Workers' Welfare Fund Scheme" and there after as soon as may constitute a Fund in accordance with the provisions of this Act and the Scheme.
(2) The Fund shall vest in the Board and be administered by the Board.
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(3) Subject to the provisions of this Act, the Scheme may provide for all or any of the matters specified in the Schedule.
(4) The following shall be credited to the Fund, namely:-
(a) the contributions specified under section 5;
(b) the amount borrowed by the Board under section 10;
(c) damages realised under section 19;
(d) grants, loans or advances given by the Government of India, the State Government, any local authority institution or any institution;
(e) any donation from any other manner in accordance with law;
(f) any amount raised by the Board from other sources to augment the resources of the Board;
(g) any fee levied under the Scheme;
(h) any other amount to be credited to the Fund under the provisions of the Scheme.
(5) Fund may be utilised for all or any of the following purposes, namely:—
(a) for payment of pension to a member who is unable to work due to infirmity or has completed the age of sixty years;
(b) for payment of family pension;
(c) for payment of financial assistance to a member who is suffering from permanent disability;
(d) for payment of loans or grants to a member to meet expenses in connection with the marriage of daughters or for expenses in connection with the death of member or dependant or for expenses for construction or maintenance of his house;
(e) for providing maternity benefits to women workers employed in plantations;
(f) for providing facilities for treatment and education to the member and his family members;
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(g) to provide for loan if a member is not having his own land or residential house, to purchase such land or land with building for him/her.
(h) to provide for the necessities in relation to the education of the Children of Plantation workers.
(i) for any other purpose stated in the Schedule and Scheme.
(6) The Government may, by notification in the Gazette, add, amend or modify anything to the Scheme either prospectively or retrospectively.
(7) The Scheme framed under sub-section (1) or the notification under sub- section (6) shall be laid, as soon as may be, after it is issued, before the Legislative Assembly while it is in session for a total period of fourteen days, which may be comprised in one session or in two successive sessions, and if, before the expiry of the session in which it is so laid or the session immediately following, the Legislative Assembly makes any amendment in the Scheme or notification, or decides that the Scheme or notification should not be issued, the Scheme or notification shall thereafter have effect only in such amended form or be of no effect, as the case may be; however that any such amendment or annulment shall be without prejudice to the validity of anything previously done under the Scheme or the notification, as the case may be.