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Section 25 – Coir Board General Provident Fund Bye-Laws,1977

Coir Board General Provident Fund Bye-Laws,1977

25. Annual statement of account to be supplied to subscriber.

(1)As soon as possible after the close of each year, the Secretary shall send to each subscriber a statement of his account in the Fund showing the opening balance as on the 1st April of the year, the total amount credited or debited, the total amount of interest credited as on the 31st March of the year and the closing balance on that date. The Secretary shall attach to the statement of account an enquiry whether the subscriber

(a) desires to make any alteration in any nomination made under Bye-law 6 or under the corresponding bye-law heretofore in force;

(b) has aquired a family in cases where the subscriber has made no nomination in favour of a member of his family under the proviso to Cl. (1) of Bye-law 6.

(2) Subscribers should satisfy themselves as to the correctness of the annual statement, and errors, if any, should be brought to the notice of the Secretary within one month from date of the receipt of the statement.

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Coir Board General Provident Fund Bye-Laws,1977

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