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Section 18: Investment Fund. Sections 12 and 27(2)(f)

The Punjab Labour Welfare Fund (7.12 – 7.19) Rule, 1966State Rules of Punjab · 1965

Such portion of the fund as cannot be applied or sometime for the purpose of the Act shall be invested by the Board in the National Saving Certificates or other securities referred 3[to] in Section 20 of the Indian Trust Act, 1882 4[or deposited in the fixed deposit or in the Savings Bank Account in the State Bank of India or in any Nationalised Bank, or in the Punjab State Cooperative Bank Limited.

Where this provision sits

ActThe Punjab Labour Welfare Fund (7.12 – 7.19) Rule, 1966
Section18
Marginal noteInvestment Fund. Sections 12 and 27(2)(f)
JurisdictionState of Punjab
StatusIn force as published by the source

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