LawgistThe Institutes of Technology Act
24Pension and provident fund
(1) Every Institute shall constitute for the benefit of its employees, including the Director, in such manner and subject to such conditions as may be prescribed by the Statutes, such pension, insurance and provident funds as it may deem fit.
(2) Where any such provident fund has been so constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925) shall apply to such fund as if it were a Government Provident Fund.
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THE INSTITUTES
- 4 Incorporation of institutes
- 5 Effect of incorporation of institutes
- 5A Effect of incorporation of Institute of Technology, Roorkee
- 5B Effect of incorporation of Indian Institute of Technology (Banaras Hindu University), Varanasi
- 6 Powers of Institutes
- 7 Institutes to be open to all races, creeds and classes
- 8 Teaching at Institute
- 9 Visitor
- 10 Authorities of Institutes
- 11 Board of Governors
- 12 Term of office of, vacancies among, and allowances payable to, members of Board
- 13 Functions of Board
- 14 Senate
- 15 Functions of Senate
- 16 Chairman of Board
- 17 Director
- 18 Deputy Director
- 19 Registrar
- 20 Other authorities and officers
- 21 Grants by Central Government
- 22 Fund of the Institute
- 23 Accounts and audit
- 24 Pension and provident fund
- 25 Appointments
- 26 Statutes
- 27 Statutes how made
- 28 Ordinances
- 29 Ordinances how made
- 30 Tribunal of Arbitration
