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Union of India - Section

Section 51 in The Coal Mines Provident Fund Scheme

51. Stamps Suspense Account and Administration Account.

(1)Out of the total amount realised under paragraph 50 an amount equal to the nominal value of the stamps sold shall be credited to an account to be named as the "Stamps Suspense Account" and the amount realised as the administrative charge shall be credited to an account to be called "Administration Account".For J&K See Paragraph 9 of Appendix IV.
(2)[ Of the sum realised under paragraph 33A, an amount equal to the contributions to the Fund shall be credited to an account to be named "Suspense General Account" and the amount received for defraying the cost of administration to an account to be called "Administration Account."] [Inserted vide S.R.O. 3306 dated 22nd October 1954.]