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Section 26: Pension and provident fund.

The National Institutes of Design Act, 2014Central Act · Act 18 of 2014

(1) [Every Institute] shall constitute, for the benefit of its employees, including the Director, such pension, insurance and provident funds as it may deem fit, in such manner and subject to such conditions as may be laid down in the Statutes.

(2) Where any provident fund has been constituted under sub-section (1), the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925) shall apply to such fund as if it were a Government provident fund.

Where this provision sits

ActThe National Institutes of Design Act, 2014
Section26
Marginal notePension and provident fund.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 38 of 2019. . Subs. by Act 38 of 2019, s. 22, for "The Institute" (w.e.f. 13-1-2020).

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