(i) Within thirty days form the date on which the Act shall come into force, every employer of the establishment under the Act shall pay by demand draft, cheque or money order or in cash to the Labour Welfare Commissioner-
(a) all fines realized from the employees before the said date and remaining unutilized on that date; and
(b) all unpaid accumulations head by the employers on the aforesaid date.
(ii) The employer shall along with such payment submit a statement to the Labour Welfare Commissioner, giving full particulars of the amount so paid in the pro form prescribed in Annexure I.
(iii) Thereafter, all fines realised from the employers and all unpaid accumulations during the quarters ending March 31, June 30, September 30 and December 31, shall be paid by the employer in the manner aforesaid to the Labour Welfare Commissioner on or before 15 th April, 15th July, 15th October and 15th January, succeeding such quarter and a statement giving particulars of the amounts so paid shall be submitted in the pro form prescribed in Annexure I to these rules along with such payment to the labour welfare Commissioner.
(iv) The above payments shall be made to the Labour welfare commissioner either in cash or by money order, demand draft or cheque.
The demand drafts and cheques should be crossed and drawn on any Bank at kanpur in favour of the Labour welfare Commissioner, Uttar Pradesh, Kanpur.
(v) All other amounts received by the Board would be in the name of Labour Welfare Commissioner and shall be credited to the Bank or banks approved by the State Government.