Section 40 in The Coal Mines Provident Fund Scheme
40. Currency of Contribution Cards.
- The Contribution Cards issued under this Scheme shall have the period of currency of one year ;Provided that this period of one year may commence and terminate at such different times for coal miles in different areas as may be decided by the Board from time to time ;[Provided further that for the cards issued-(i)in respect of the first contribution period or(ii)in respect of any other contribution period as the Board may direct.(the period of currency may be longer or shorter than the period of one year).] [Second proviso substituted vide G.S.R. 2491 dated 21.10.1969.][Provided also that each currency period commencing on or after the 1st of July, 1964 [but before the 1st April, 1968] [Third proviso to para 40 added vide G.S.R. 1203 dated 20.8.1964.] shall be divided into four quarters of three consecutive months each and for every member there shill be a separate Contribution Card in Form T or U, as the case may be, for each quarter.]
