LawgistThe Payment of Wages Act
12ADeductions for recovery of loans
2[12A. Deductions for recovery of loans.--Deductions for recovery of loans granted under clause (fff) of sub-section (2) of section 7 shall be subject to any rules made by 1[appropriate Government] regulating the extent to which such loans may be granted and the rate of interest payable thereon.]
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1. Subs. by Act 41 of 2005, s. 3, for "the State Government" (w.e.f. 9-11-2005).
2. Ins. by Act 53 of 1964, s. 9 (w.e.f. 1-2-1965).
All sections
- 1 Short title, extent, commencement and application
- 2 Definitions
- 3 Responsibility for payment of wages
- 4 Fixation of wage-periods
- 5 Time of payment of wages
- 6 Wages to be paid in current coin or currency notes or by cheque or crediting in bank account
- 7 Deductions which may be made from wages
- 8 Fines
- 9 Deductions for absence from duty
- 10 Deductions for damage or loss
- 11 Deductions for services rendered
- 12 Deductions for recovery of advances
- 12A Deductions for recovery of loans
- 13 Deductions for payments to co-operative societies and insurance schemes
- 13A Maintenance of registers and records
- 14 Inspectors
- 14A Facilities to be afforded to Inspectors
- 15 Claims arising out of deductions from wages or delay in payment of wages and penalty for malicious or vexatious claims
- 16 Single application in respect of claims from unpaid group
- 17 Appeal
- 17A Conditional attachment of property of employer or other person responsible for payment of wages
- 18 Powers of authorities appointed under section 15
- 19 [Omitted]
- 20 Penalty for offences under the Act
- 21 Procedure in trial of offences
- 22 Bar of Suits
- 22A Protection of action taken in good faith
- 23 Contracting out
- 24 Delegation of powers
- 25 Display by notice of abstracts of the Act
- 25A Payment of undisbursed wages in cases of death of employed person
- 26 Rule-making power
