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[Cites 0, Cited by 0] [Section 40] [Entire Act]

Union of India - Subsection

Section 40(2) in The Cine-Workers Welfare Fund Rules, 1984

(2)In the event of sanction of a loan the Cine-Worker has to execute a bond in Form E before receiving payment and shall be liable to pay simple interest at the rate of 9.5% per annum. The entire loan including interest thereon, should be repaid within a period of five years from the date in which the loan is sanctioned.MISCELLANEOUS