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Section 261: Contribution to the Fund

Punjab Building and Other Construction Workers ( (Regulation of Employment and Conditions of Service) Rules, 2008.) Rules, 2008State Rules of Punjab · 1996

(1) A beneficiary of the Fund, shall contribute to the Fund at such rate, as may be notified by the State Government from time to time. This contribution shall be remitted in advance once in three months in any of the banks, specified by the Board in the district, in which the member resides.

(2) If a beneficiary commits default in the payment of contribution continuously for a period of one year, he shall cease to be a beneficiary of the Fund. However, with the permission of the officer referred to in sub rule 4 of rule 260, the membership may be resumed on repayment of arrears of contribution with a fine of rupees five per month for the delayed period.

Where this provision sits

ActPunjab Building and Other Construction Workers ( (Regulation of Employment and Conditions of Service) Rules, 2008.) Rules, 2008
Section261
Marginal noteContribution to the Fund
JurisdictionState of Punjab
StatusIn force as published by the source

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