Lawgist logo - L! Lawgist.
The Employees Provident Funds and Miscellaneous Provisions Act

5Employees‟ Provident Fund Schemes

1[(1)] The Central Government may, by notification in the Official Gazette, frame a Scheme to be called the Employees' Provident Fund Scheme for the establishment of provident funds under this Act for employees or for any class of employees and specify the 2[establishments] or class of 2[establishments] to which the said Scheme shall apply 3[and there shall be established, as soon as may be after the framing of the Scheme, a Fund in accordance with the provisions of this Act and the Scheme].

4[(1A) The Fund shall vest in, and be administered by, the Central Board constituted under section 5A.

(1B) Subject to the provisions of this Act, a Scheme framed under sub-section (1) may provide for all or any of the matters specified in Schedule II.]

5[(2) A Scheme framed under sub-section (1) may provide that any of its provisions shall take effect either prospectively or retrospectively on such date as may be specified in this behalf in the Scheme.]

Download our fully-offline, High speed android app.- Click here

1. Section 5 re-numbered as sub-section (1) thereof by Act 37 of 1953, s. 4.

2. Subs. by Act 94 of 1956, s. 3, for "factories".

3. Ins. by Act 37 of 1953, s. 4.

4. Ins. by Act 28 of 1963, s. 3 (w.e.f. 30-11-1963).

5. Ins. by Act 37 of 1953, s. 4.

PRELIMINARY

Download the App Now!

Get our Android app for fast and offline Access.

Get it on Google Play
Lawgist is not a law firm and does not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and are not intended to be a substitute for professional legal advice. Use of this site is subject to our Terms and Conditions, Disclaimer, and Privacy Policy.About Us Made in ♥ with India, Internet and Lots of Courtroom Dramas