LawgistThe Coal Mines Labour Welfare Fund (Repeal) Act
7Moneys, etc., of the Fund to be credited to the Consolidated Fund of India
On the appointed day, all moneys and cash balances lying in the credit of the housing account and the general welfare account of the Coal Mines Labour Housing and General Welfare Fund constituted under section 4 of the Act, shall become part of, and be credited to, the Consolidated Fund of India.
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All sections
- 1 Short title and commencement
- 2 Definitions
- 3 Repeal of Act 32 of 1947 and dissolution of Housing Board
- 4 Consequential provisions
- 5 Power of Central Government to direct vesting of rights in a Government company
- 6 Continuation of suits, etc., against Central Government
- 7 Moneys, etc., of the Fund to be credited to the Consolidated Fund of India
- 8 Collection and payment of arrears of duty
