Section 5 in The Cochin Port Trust Employees (House Building Advance) Family Benefit Fund Regulations, 1998
5. Constitution of the Fund.
(a)A Fund styled the "Cochin Port Trust Employees" (House Building Advance) Family Benefit Fund shall be constituted with the contribution made monthly by the employees of the Board who have already availed/avail the H.B.A. and with the contribution by the Board.(b)An account called the "Cochin Port Trust Employees" (House Building Advance) Family Benefit Fund shall be opened in the State Bank of India, W/Island.
