(1) The fund shall vest in, and be held and applied by, the Board as trustees subject to the provisions and for the purposes of this Act.
(2) The moneys in the Fund shall be utilized by the Board to defray the cost of carrying out measures which may be specified by the Government from time to time for promoting the welfare of labour and of their dependants.
(3) Without prejudice to the generally of the provisions in sub-section (2) the money in the Fund may be utilized by the Board to defray expenditure on the following :-
(a) Labour Welfare Centre under the control of the labour & Employment Department of the Government ;
Vesting and application of Fund.
Grants and advances by the Government.
Contribution to the Fund by employee and employer.
4 of 1936.
4 of 1936.
(b) Reading rooms and libraries ;
(c) Games and sports :
(d) Community necessities ;
(e) Excursion, tours and holiday homes ;
(f) Entertainment and other forms or recreation ;
(g) Home industries and subsidiary occupations for women and unemployed persons ;
(h) Corporate activities of social nature ;
(i) Vocational training ;
(j) Convalescent homes for tuberculosis patients ;
(k) Pre-schools ;
(l) Nutritious food to children of employees ;
(m) Construction and maintenance of the labour welfare center buildings ;
(n) Cost of administering this Act including the salaries and allowance of the staff appointed for the purposes of this Act ;
(o) Medical aid to employees for specialized treatment in deserving cases ;
and
(p) Such other objects as would , in the opinion of the Government improve the standard of living and ameliorate the social conditions of labour ;
Provided that the Fund shall not be utilized in financing any measure which the employer is required under any law for the time being in force to carry out;
Provided further that unpaid accumulations and fines shall be paid to the Board and be expended by it, under this Act, notwithstanding anything in the payment of Wages Act, 1936 or any other law for the time being in force.
(4) The Board may, with the approval of the Government make a grant out of the Fund to any employer, any local authority or any other body in aid of any activity for the welfare of labour, approved by the Government.
(5) If any question arises whether any particular expenditure is or is not debatable to the Fund, the matter shall be referred to the Government, whose decision thereon shall be final.
4 of 1936
(6) It shall be lawful for the Board to continue any activity financed from the labour welfare fund of any establishment, if the said fund is duly transferred to the Board.
13. Subject to the other provisions of this Act, the Board may, from time to time with the previous sanction of the Government and subject to such conditions as may be specified by the Government in this behalf, borrow any sum required for the purposes of this Act.