Amendment status not verified — confirm the current text below against the official source.
Provident [amt—(I) Where a cashew factory has ooh- bllshed a provident fund for the benefit of its employees. the - P .‘ , ‘1-5 UA. Continuance of employees wnerc cusnew factory is ) entruste to the Federation or. to a worker‘s" comperqtme society or to an institution for management—(1) Where a cashew factory vested under this Act in the Government has been entrusted to the Federation or to any other institution approved; by the Government in this behalf under sub-section (1) of section 8 for management. every persorr who is a workman Within the meaning of the Industrial Disputes Act, 1947 (Central Act 14 of 1947), and, has been imme- diately before the appointed day in the employment of the cashew factory, shall become, on and from the date on which the cashew factory lS so entrusted for management, an, employee of the Federation or, as the case may be, of the institution and shall hold office or serv1ce in the cashew factory on the same terms and conditions and \‘s'lth the same rights as to pension, gratuity and other matters as would have been admissible to him if. such,cashew, factory had not been transferredto,‘ and vested in, the Government and continue to do so unless and until~ his employment in such cashew factory is dulyfiermmated or until ‘niSvremuneration, terms and conditions of employment are duly altered, by the Federation or the institution, as the case may be. * x / (2) Notiiithstanding anything contained in section 10 or in anv other lav: for the time being in force, where a cashew factory vested under this Act in the Government has been entrusted to