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Section 53: Provident Fund

The Rajasthan Co-operative Societies Act, 2001State Act of Rajasthan · Act 16 of 2002

(1) A Co-operative society may establish Contributory Provident Fund for the benefit of its employees to which shall be credited all contributions made by the employees and the society in accordance with the bye-laws of the society.

(2) A Contributory Provident Fund established by a co-operative society under sub-section (1) -

(a) shall not be used in the business of the society;

(b) shall not form part of the assets of the society; and

(c) shall not be liable to attachment or be subject to any other process of any court or other authority.

Where this provision sits

ActThe Rajasthan Co-operative Societies Act, 2001
Section53
Marginal noteProvident Fund
JurisdictionState of Rajasthan
StatusIn force as published by the source

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