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Section 20 – The Payment of Bonus Act, 1965

The Payment of Bonus Act, 1965

 

20. Application of Act to establishments in public section in certain cases –

 

[(Note: Renumbered by Act 66 of 1980)1] If in any accounting year an establishment in public section sells any goods produced or manufactured by it or renders any services, in competition with an establishment in private sector, and the income from such sale or services or both is not less than twenty per cent of the gross income of the establishment in public sector for that year, then, the provisions of this Act shall apply in relation to such establishment in public sector as they apply in relation to a like establishment in private sector.

 

[(Note: Ins. by Sec.11, ibid) (2) Save as otherwise provided in sub-section (1), nothing in this Act shall apply to employees employed by any establishment in public sector.]

 

 

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The Payment of Bonus Act, 1965

 

Indian Laws – Bare Acts

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