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Section 47: Pension, Gratuity, etc

Anna University of Technology, Chennai Act, 2010State Act of Tamil Nadu · Act 26 of 2010

(1) The University shall institute for the benefit of its officers, teachers and other persons employed by the University, such pension, gratuity, insurance and provident fund as it may deem fit, in such manner and subject to such conditions as may be prescribed.

(2) Where the University has so instituted a provident fund under sub-section (1), the Government may declare that the provisions of the Provident Funds Act, 1925 (Central Act XI of 1925), shall apply to such funds as if the University were a local authority and the fund a Government Provident Fund.

(3) The University may, in consultation with the Finance Committee, invest the Provident Fund in such manner as it may determine.

Where this provision sits

ActAnna University of Technology, Chennai Act, 2010
Section47
Marginal notePension, Gratuity, etc
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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