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State of Odisha - Section

Section 13 in Orissa State Financial Corporation Employees' Provident Fund Regulations, 1959

13. Prohibition against withdraws and assignments.

- Except as hereinafter provided no subscribers shall be entitled to draw money from the fund either of principal or interest or transfer or assign whether by way of security or otherwise however his/her interest or any part thereof in the fund, and no such transfer or assignment shall be valid and the Administrators shall not recognise or be bound by notice to them or any of them of any such transfer or assignment.