Amendment status not verified — confirm the current text below against the official source.
Priority to payment of contribution over other debis-—Where any Khadi | Institution liable to pay contributior to the Fund‘inder section 4i8 adjudicated ‘ ‘as insolvent, the:contribution due t6 the Fund.shall be,deemied io-be iicluded’ - among the debts of the insolvent institution and be: paid. in priority. to all ‘Other debts in the distribution of property or assets of such_institution. Wd. Khai Institution not. io reduce, wagés etc.—No: Khadi Institution ‘shall .., by ¥eason! only: of its liability for the-paymem of ‘any céntribution to the « . Forid, reduce whether directly or indirectly. the wages of any Khadi worker to whom the scheme applies or the total quantum of benefits. to which the - Khadi worker is entitled underthe terms of his employment express or implied. ae . . a D # _ $15... ‘Directors of Board etv., 10 be public servants.—Every Director of the Board, the Chief Executive Officer and other officers and members of the " staff of the Board. appointed under sub-section. -(1) of section 9 shall ‘be deenied to be public sérvanis within the meaning of section 21 of the Indian Penal Code-(Central Act 45 of 1860)... ¢