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Section 20: Application of Act to establishments in public sector in certain cases

The Payment of Bonus Act, 1965State Act of Punjab · Act 21 of 1965

3[(1)] If in any accounting year an establishment in public sector sells any goods produced or manufactured by it or renders any services, in competition with an establishment in private sector, and the income from such sale or services or both less than twenty percent of the gross income of the establishment in public sector for that year, then, the provision of this Act shall apply in relation to such establishment in public sector as they apply in relation to a like establishment in private sector.

4[(2) Save as otherwise provided in sub-section (1), nothing in this Act shall apply to the employees employed by any establishment in public sector]

Where this provision sits

ActThe Payment of Bonus Act, 1965
Section20
Marginal noteApplication of Act to establishments in public sector in certain cases
JurisdictionState of Punjab
StatusIn force as published by the source

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