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Section 23 – Coir Board General Provident Fund Bye-Laws,1977

Coir Board General Provident Fund Bye-Laws,1977

23. Procedure on transfer to Board’s service of a person from the service under a body corporate, owned or controlled by Government.

If a Board servant admitted to the benefit of the Fund was previously a subscriber, to any Provident Fund of a body corporate, owned or controlled by Government or an autonomous organisation registered under the Societies Registration Act,1860 or of the State Government or Central Government, the amount of his subscriptions and the employer’s contribution, if any, together with the interest thereon shall be transferred to his credit in the Fund with the consent of that body. His service will not count towards Pension under the Board. In case, he was a subscriber to the Contributory Provident Fund, he may, at his option refund the employer’s contribution together with interest thereon to the Board whereupon his service prior to the date of his permanent transfer will count for pension.

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Coir Board General Provident Fund Bye-Laws,1977

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