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State of Bihar - Section

Section 261 in Bihar Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Rules, 2005

261. Power, duties and function of Board.

- The Board will be responsible for the following duties-
(a)All matters connected with the administration of the fund;
(b)Laying down policies for the deposits of amount of the fund;
(c)Submission of annual budget to Government for sanction;
(d)Submission of annual report to Government on the activities of the Board;
(e)Proper maintenance of accounts;
(f)Annual audit of accounts of the Board in accordance with the provisions of the Act;
(g)Collection of contribution of fund and other charges;
(h)Launching of prosecutions for and on behalf of the Board;
(i)Speedy settlement of claims and sanction of advanced and other benefits;
(j)Proper and timely recovery of any amount due to the Board;
(k)The Board shall furnish information to Government on such matters as the Government may refer to it, from time to time.