Amendment status not verified — confirm the current text below against the official source.
The Kerala State Lottery Agents’ and Sellers’ Welfare Fund Scheme.— (1) As soon as after the commencement of this Act, the Government shall, by notification in the Gazette, frame a Scheme to be called the “ Kerala State Lottery Agents’ and Sellers’ Welfare Fund Scheme” and after the framing of the Scheme, constitute a Fund to be called the “Kerala State Lottery Agents’ and Sellers’ Welfare Fund” in accordance with the provisions of this Act and the Scheme; (2) Subject to the provisions of this Act, the Scheme may provide for all or any of the matters specified in the Schedule. (3) Those lottery agents and sellers who sell Kerala State Lottery tickets at least for the prescribed minimum amount in a month shall alone be, eligible to become a member of the Fund. Explanation:— While calculating the amount of Kerala State Lottery tickets to be sold by the lottery agents and sellers for continuing as a member in the Fund, the tri-monthly average of the said amount shall be taken into account. (4) The following shall be credited to the Fund, namely:— 4 (a) contributions under section 4; (b) the amount borrowed by the Board under section 12; (c) grants or advances given by the Government or an Institution; (d) any kind of donation or amount remitted; (e) any amount raised by the Board from other sources to augment the resources of the Fund; (f) any fee levied under the Scheme; (g) any other amount available on the date of constitution of the Fund under the provisions of the Scheme as provided in the Kerala State Lottery Welfare Fund Scheme, 1991; (h) any other amount to be credited to the Fund under the provisions of the Scheme. (5) The Fund shall vest in the Board and be administered by the Board. (6) The Fund may be utilized for all or any of the following purposes, namely:— (a) for the payment of pension to the members who had completed fifty- five years of age and had remitted contribution for not less than ten years. Explanation:— Those persons who had completed sixty years of age and was a lottery agent or seller for at least five years before the commencement of this Act and if he remits contribution for a period of one year as member under the provisions of the Scheme, he will become eligible for a special pension. (b) for the payment of family pension on the death of a member who had remitted contribution for not less than ten years; 5 (c) for the payment of financial assistance on the death of a member due to illness or accident; (d) for the repayment of the contribution amount remitted by the members with interest as may be prescribed, to those who suffer from permanent physical disability incapacitating him to do work or on the cessation of membership in the Welfare Fund; (e) for the payment of financial assistance to meet the expense towards medical treatment of the members affected with serious disease; (f) for the payment of financial assistance for the purpose of marriage of the members and daughters of the members and for the maternity purpose of the female members; (g) for the payment of financial assistance or loans or advances to the members for the purpose connected with their employment, or for the construction of dwelling house or for the maintenance or renovation of the house or for the purchase of land for the construction of house or for the purchase of land and building and for the education, including higher education, of the children of the members; (h) for the payment of special relief to the members who suffers from physical disability; (i) any other purpose specified in the Scheme; (j) for the day to day administrative expenses of the Board. (7) The Scheme framed under sub-section (1) 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 session or in two successive sessions, and if, before the expiry of the session in which it is so laid or the session immediately following, the Legislative Assembly makes any modification in the Scheme, the Scheme shall, thereafter have effect only in such 6 modified form; so however, that any such modification shall be without prejudice to the validity of anything previously done under the Scheme.