Bare ActsThe Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948

Section 5

Coal Mines Bonus Schemes

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

(1) The Central Government may, by notification in the Official Gazette, frame a scheme to be called the Coal Mines Bonus Scheme for the payment of bonus to 1 [employees] and specify the coal mines to which the said scheme shall apply. (2) A scheme framed under the provisions of sub-section (1) may provide for all or any of the matters specified in the 2 [Fourth Schedule.] 3 [(3) The employer shall pay the bonus in accordance with the Scheme as aforesaid.]

Section 5 – The Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 | DailyLaw.ai