(I) The contnbuhon which shall be paid by the aap$yqqo the md shall be ****ten per cent of the wages for the time being payftblc latacb of the employees, and employees contribution shall be equal to the coathbütIótij'i$'a11e bythcemployerinrespeètofhjtm . . - .. .
The employer shall, in addition to the contribution payible un4er'- sub-section (1), contribute to the fund as grawityan amount equal to five p of the wages for the time being payable:;o' each of the employees: . , -
Provided that where the amount of any contribution payable under this Act" involves a fraction of a rupee, the scheme may provide for the rounding off such fraction to the nearest rupee, half of a nsee or quarter of a rupee.
**CThe government shall contribute to the Rand every year an amount not less than 7.5 per cent of the'employees' Contribution to the Rand by way of grant.
Every employer shill payto the fund ten rupees eachfor every:
half year in the case of every coconut tree and twenty rupees each for every year.
in the case of every palmirab flee tapped, under his control to be utilized for tlt.
payment of compensation.
(4:A.) " Power of exemption._—(l) Notwithstanding anything contained in section 4, where the Govemmcnt, on the recommendation of the Roanj are of opinion that it is necessary in the public interest so to do, they may, by notification in the Gazette, exempt any class of employers, either prospectively or retrospectively, from payment of contribution under that section for such period as may be specified in the notification.
(2) For the removal of doubt it is hereby declared that an employee shall not be.liable to pay his contribution under sub-section (I) of section 4 for the period for which his employer is exempted from payment of contribution.
S. Modificorion of Scheme..—Ø) The Govetnniint may, by notification in the Gazette add to, amend or vary the scheme framed under this Act • J pro nectivelv or reiosoectivcv
(2) Every notification under sub-section (I) shall be laid as son 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 inunediatcly following, the Legislative Assembly agrees in making any modification in the notification or agrees that the notification should not be issued, the notification shall thereafter have effect anl in such 'modified form or be of no - effect, as the.case may be; so however that any such modification o. a annulment shall be without prudice to the validity Of any hing Øeviousty done under that notification.
Note: As per U 0. (Ia.) No. 2 114/99LLBR dt' 7-1-1999 the Govemmeni have enhanced the contribution to 10 per cent. .
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6. Constitution o( Bocrd—(l) The Governmeut may, by notification in the Gazette, cotistitute with effect from such date as may be specified therein, a Board to be called the ics Toddy Workers' Welfare Fund Board for the adminisbation of the fund and'to supervise or carry out the activities financed from the fund.
The Board shall be a body coiporate by the name aforesaid, having peapetnal succission and a common seal and shall by the said name sue and be sucd, .
The Board shall consist of such, number of Directors as may be pointed by the Government and •theysbill he.chosen in such manner as may be provided for in the schertie:
Provided that the Board shall include an equal number of Directors representing the Govemmeit, the employers and the employee.
One of the Directors of the Board shall be appointed bythe Govànmont as Chairman, The Government shall publish in the Gazette the names of all the Directors of thefloard. .
The Board shall administer the Iliad vested in it in such manner as may be specified in the scheme.
'(2) The Board may with the previous approval of the Government, delegate to its Chairman or to the Chief Welfare FundInspector or to any Welfare Fund Inspector such of j pgcr&and fi*nctions undir this Act or the Scheme as it may c'oosider necessary for the efficient administration of the fund subject to such restrictions and conditions, if any, as it may specify:
Provided that no delegation shall be made under this sub-section unless all the members present support such delegation.
"'(8) Not act or proceeding of the Board shall be invalidated merely by reason of any vacancy in, or ai' defect in the constitution of the Board.