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State of Punjab - Section

Section 30 in Punjab School Education Board (Employees' Pension, Provident Fund and Gratuity) Regulations, 1991

30. Operation of fund.

- (i) The fund shall be held and administered by the Secretary, Punjab School Education Board.
(ii)All payments to be made to the employees of the Board on account of pension, shall be withdrawn from the fund/corpus established for the purpose and the gratuity shall be paid from the General Fund as usual.