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Section 16 – Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996

Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996

 

 

 

16. CONTRIBUTION OF BUILDING WORKERS. –

 

 

(1) A building worker who has been registered as a beneficiary under this Act shall, until he attains the age of sixty years, contribute to the Fund at such rate per mensem, as may be specified by the State Government, by notification in the Official Gazette and different rates of contribution may be specified for different classes of building workers :

 

Provided that the Board may, if specified that a beneficiary is unable to pay his contribution due to any financial hardship, waive the payment of contribution for a period not exceeding three months at a time.

 

(2) A beneficiary may authorise his employer to deduct his contribution from his monthly wages and to remit the same, within fifteen days from such deduction, to the Board.

 

COMMENTS

A registered beneficiary, until he attains the age of sixty years, has to contribute to the Fund at the rates specified by the State Government. If any beneficiary is unable to pay his contribution due to any financial hardship, the Building and Other Construction Workers’ Welfare Board can waive the payment of contribution for a period not exceeding three months at a time.

 

 

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Building and Other Construction Workers’ (Regulation of Employment and Conditions of Service) Act, 1996

 

Indian Laws – Bare Acts

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