Amendment status not verified — confirm the current text below against the official source.
[(1)] The Government may frame a scheme for deposits received from non-resident keralites and for giving a monthly dividend to the depositor consequent to the utilization of the same, in the manner determined by the Government, alongwith the share of Government. For the implementation of the scheme so framed and for other welfare activities of non-resident keralites, the Board may, with the prior approval of the Government setup institutions as per Section 14.] [(2) The Government may, by notification in the Gazette, make any addition, amendment, omission or variation in the Scheme framed under sub-section (1), either prospectively or retrospectively.] Inserted by Act 22 of 2019, w.e.f. 22/10/2018. Numbered by Act 30 of 2024 dt. 19/11/2024 (w.e.f. 19/11/2024). Inserted by Act 30 of 2024 dt. 19/11/2024 (w.e.f. 19/11/2024).