Bare ActsThe KARNATAKA MOTOR TRANSPORT AND OTHER ALLIED WORKERS SOCIAL SECRUITY AND WELFARE RULES, 2024

Section 14

Creation of fund

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

Creation of fund.- There shall be created by the Board a fund to be called the Motor Transport and Other Allied Workers Social Security Fund and there shall be credited thereto,- (a) all sums received by the board through reappropriation by the transport department as defined under section 2(b) (b) any grants and loans made to the board by the Central Government or the State Government if any; (c) all contributions made by the beneficiaries towards social security; (d) all sum received by the board through levy of cess, surcharge and any form of taxation on any particular type of motor vehicles or such similar establishments through a notification by the Government. (e) all sums received through donors or through Corporate Social Responsibility; (f) The profit, interest, dividend on any investment or share made by the board.

Section 14 – The KARNATAKA MOTOR TRANSPORT AND OTHER ALLIED WORKERS SOCIAL SECRUITY AND WELFARE RULES, 2024 | DailyLaw.ai