EMPLOYEES DEPOSIT LINKED INSURANCE SCHEME

Full Text

Preliminary
Para 1 : Short title, commencement and application

Para 2 : Definitions

Para 3 : Administration of the Scheme

Para 4 : Regional Committee

Para 5 : Delegation of power by the Central Board

Para 6 : Administrative and financial Powers of the Commissioner

Para 7 : Contribution

Para 8 : Mode of payment of contribution

Para 8-A : Recovery of damages for default in payment of any contribution

Para 8-B : Terms and conditions for reduction or waive of damages

Para 9 : Employers contribution not to be deducted from the wages of the employees

Para 10 : Duties of employers

Para 11 : Inspection of records and registers by the Commissioner or Inspector

Para 12 : Supply of forms to employers

Para 13 : Administration Account

Para 14 : Deposit-linked Insurance Fund Account

Para 15 : Investment of moneys belonging to the Insurance Fund

Para 16 : Interest

Para 17 : Disposal of the Insurance Fund

Para 18 : Expenses of Administration

Para 19 : Form and manner of maintenance of accounts

Para 20 : Audit

Para 21 : Budget

Para 22 : Scales of assurance benefits and the minimum average balance to be maintained by an employee.

Para 23 : Assurance benefit to whom payable

Para 24 : Assurance amount - How to be paid

Para 25 : Registers, Records, etc

Para 26 : Annual Report on the working of this Scheme

Para 27 : Omitted.

Para 28 : Special provisions relation to coal mines in respect of which applications are received for exemption

Para 29 : Punishment for failure to submit returns, etc