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Section 8 – Coir Board General Provident Fund Bye-Laws,1977

Coir Board General Provident Fund Bye-Laws,1977

8. Conditions of subscriptions.

(1) A subscriber shall subscribe to the Fund every month except during the period when he is under suspension :

Provided that a subscriber may at his option, not subscribe during any period of leave, other than leave on average pay or earned leave of less than one month or 30 days’ duration, as the case may be :

Provided further that a subscriber on reinstatement after a period of suspension shall be allowed the option of paying in one or more instalments any sum not exceeding the maximum amount of arrear subscriptions payable in respect of the said period.

(2) The subscriber shall intimate his election not to subscribe during leave in the following manner, namely :

(a) if he is an officer who draws his own pay bills, by making no deduction on account of subscription in his first pay bill drawn after proceeding on leave;

(b) if he is not an officer who draws his own pay bills, by written communication to the Secretary before he proceeds on leave. On failure to give proper and timely intimation he shall be deemed to have elected to subscribe.

Note.-The option of a subscriber once intimated under this sub-clause shall be final.

(3) A subscriber who has, under bye-law 20 withdrawn the amount standing to his credit in the Fund shall not subscribe to the Fund after such withdrawal unless he returns to duty.

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Coir Board General Provident Fund Bye-Laws,1977

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