Amendment status not verified — confirm the current text below against the official source.
(1) For the following objects of general public utility, a charitable trust shall be created in respect of a Fund, to be constituted as hereinafter provided and to be called the Uttar Pradesh Advocates Welfare Fund, namely :--- (a) obtaining from the Life Insurance Corporation of India a policy of group life insurance of Advocates up to the age of 60 years; (b) the provision of buildings for halls and libraries, [canteens, sheds and other facilities]3 for [Bar Associations]4, or the making of contributions to [Bar Associations]4 for the purposes of making such provision; [(bb) the organization of Advocate Social Security Fund Scheme herein after referred to as the Scheme, for such advocates as become members of the scheme;]1 (c) the organization of other schemes for the welfare of needy Advocates; and (d) such other objects as would, in the opinion of the Trustees Committee, improve the working conditions and facilities of Advocates. (2) The Fund shall consist of- (a) all monies transferred to it under section 4 ; (b) all contributions made to it by the State Bar Council; (c) any voluntary donation or contribution made to the Fund by any Advocate, including any sum received from the Life Insurance Corporation of India on the death of an Advocate insured under the group life insurance policy where such Advocate had nominated the Trustees Committee as the person to whom the money secured by the policy shall be paid in the event of his death; (d) any grants made to the Fund by the State Government; (e) any sum borrowed under section 5 ; (f) any profits or dividends received from the Life Insurance Corporation of India in respect of the policy of group life insurance of Advocates ; and, (g) any interest or dividend or other return or any investment made in respect of any part of the Fund; [(h) the sale proceeds of stamps transferred by the State Government in accordance with section 10; (i) all admission fees and annual subscriptions, for membership of the Scheme received in accordance with section 11 and interest, if any, thereon.]2