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State of Punjab - Section

Section 5 in The Punjab Social Security Act, 2000

5. Purpose for which the Fund may be applied.

(1)The Fund shall be applied for the purposes as may be prescribed.
(2)Without prejudice to the generality of the provisions of sub-section (1), the Fund shall be applied for the following purposes, namely :-
(a)old age pension scheme;
(b)financial assistance to the widows and destitute women;
(c)financial assistance to the dependent children;
(d)financial assistance to the disabled persons; and
(e)any other social security measures incidental to the above purposes as approved by the Government :
Provided that the Fund shall be utilised in order for the purposes specified n clauses (a) to (e).