Amendment status not verified — confirm the current text below against the official source.
Coir Workm’ Welfare Fund Schema—(l) The Government may, by notification in the Gazette, frame a scheme to be called the Kerala Con Workers’ Welfare Fund Scheme for the establishment of a fund under this Act for the welfare of the coir workers and self-employed persons in the coir industry and there shall be established, as soon as may be after the framing of the scheme, a fund in accordance With the provisions of this Act and the scheme. ° . (2) There shall be credited to the fund,—— ‘ (a) the contributions specified in section 4; (b) the. amount borrowed by the Board under section 10, (e) damages realised under section 19 ; (d) grants or loans or advances made by the Government of India or the State Government or the Coir Board or any institutions; (e) ' any donations from whatever source; (f) any amount raised by the Board from other sources to augment the resources of the Board; (g) fee levied under the scheme; (h) any other amount which, under the provisions of the scheme, shall be credited to the fund.’ (3) The fund shall vest in, and be administered by the Board constituted under section 6; ' (4) The fund may be utilised for all or any of the followm': purposes, namely:— (a) for paymentofpension,— ‘ (1) to a member who is unable to Work due to oldage or mfirtmty or who has completed the age of sixty years; and (ii) to a person who before the commencement of this Act wasa cotr worker or a self employed person and completed the age of sixty years or who suffers from permanent disablement and is of out of employ- ment; (1)) for payment of family pension to the spouse of adeceased member; (c) for -payment of financial assistance to a member who suffers from permanent or temporary disablement; 4 (d) for payment of loans or grants to amember to meet the day to day expenses during ofi‘ season or to meet expenses for the marriage r-l children or for expenses in connectiOn W'ltll disease ,or death of depen- dents or for expenses in connection with the education of children or for expenses for construction or maintenance of houses, (c) to piov1de maternity benefits to “0an wmkeis engaged in coir industiy who are not eligible for such benefits iithi any nihei law for the time being in force; (f) to provide for distress relief to the family ofa member affected by natural calamities and epidemics; (g) (u prowde for the amt workers, self-employed person-i and members of their families,— " (i) medical faCilities, ' (ii) nurseries and Creches; (iii) education, vocational training and facxlitics for part-time employment ; (h). for implementation of any other purpose specified in the scheme. . (5) Subject to the piowsions of thl: Act, the scheme framed under sub-section (l) may proVide for all or any of the matters specified in sub-secrion (4) and in the schedule. (6) The scheme shall be laid, as soon as may be, after it is framed, before the Legislative Assembly while it is in session for a total period of fourteen days which may be comprised in one ssession or in two successive sessions, and if; before the expiry of the session in which it is so laid or the session immediately followmg, the Legislative Assembly makes any modi- fication in the scheme, the scheme shall thereafter have effect only in such modified form, so however that, any such modification shallbe Without prejudice to the validity of anything prCViously done under the scheme