Bare ActsThe PAYMENT OF BONUS ACT, 1965

Section 20

Application of Act to establ ts in in risci

Amendment status not verified — confirm the current text below against the official source.

Application of Act to establ ts in in risci. rl(1)l If in any accountinB year an e mr.nt .rr.ll r(x.)i.rJ produced or manufactured by it or rendi rrrl: ,:n ioiih .'r,., establishment in private sector, and ihc inccnrr: frnm sr!ch sal€ rjr servic(.: or both is not less than h/r'enty percent. of the gross income of the establisfunent in public sector for that year, then, the provisions of this Act shall apply in relation to such 1980, sec by Act

Section 20 – The PAYMENT OF BONUS ACT, 1965 | DailyLaw.ai