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Employees Deposit Linked Insurance Scheme

Section 2: Definitions

In this scheme, unless context otherwise requires,-
(a) "Act" means the Employees' Provident Funds and Miscellaneous Provision Act, 1952 (19 of 1952);
(b) "assurance benefit" means a payment linked to the average balance in the Provident Fund Account of an employee, payable to a person belonging to his family or otherwise entitled to it in the event of death of the employee while being a member of the Fund ;
(c) All other words and expressions used herein but not defined shall have the meaning respectively assigned to them in the act or the Employees' Provident Funds Scheme, 1952.