Bare ActsKerala Labour Welfare Fund Act, 1975

Section 20

Investment of Fund

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

If the Fund or any portion thereof cannot be applied at an early date for carrying out any of the activities referred to in this Act, the Board shall [13][deposit the same in Government Treasuries or in nationalised banks or in scheduled banks or in district co-operative banks or] invest the same in any of the securities specified in clauses (a) to (d) and (f) of section 20 of the Indian Trusts Act, 1882 (Central Act 2 of 1882). Inserted by Act 7 of 1994.

Section 20 – Kerala Labour Welfare Fund Act, 1975 | DailyLaw.ai