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Section 6: Account of subscribers

The UP Basic Education Provident Fund Rules, 1975State Rules of Uttar Pradesh · 1972

(1) The Board shall maintain in Form I in respect of each one of the subscribers a personal ledger account.

(2) In the personal ledger account, there shall be credited -

(a) in respect of an employee appointed under Section 6 of the Act -

(i) all subscriptions made by the subscriber and the Board under these rules;

(ii) all deposits made by the subscriber in repayment of advance under Rule 11 and Rule 12;

(iii) all the amount if any, standing to the credit of the subscriber in a Provident Fund under the control of the Board immediately before the commencement of these rules;

and

(iv) interest, if any, accruing due on the amounts hereinbefore mentioned.

(b) in respect of an employee transferred under Section 9 of the Act, -

(i) all subscriptions made by the subscriber and the Board under these rules;

(ii) all deposits made by the subscriber in repayment of advances under Rule 11 and Rule 12;

(iii) the amount, if any, in a Provident Fund maintained by local body and transferred to the Board under sub-section (5) of Section 9 of the Act;

(iv) the amount, if any, standing to the credit of the subscriber in a Provident Fund under the control of the Board immediately before the commencement of these rules; and

(v) interest, if any, accruing due on the amounts hereinbefore mentioned.

Where this provision sits

ActThe UP Basic Education Provident Fund Rules, 1975
Section6
Marginal noteAccount of subscribers
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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