171. Difference due to under value of the securities to be paid for from the current balance of the Market Committee Funds.
- The securities held on behalf of the Provident Fund shall be valued for the purpose of the account of the Provident Fund at their face value. When on closure of an account securities have actually to be sold for meeting the liabilities of the Provident Fund and when the price fetched at the sale is less than their face value, the difference shall be paid at once by the Market Committee from the Market Committee Fund to the credit of the Provident Fund.Explanation.-Where point to the depreciation of Government securities, they have been converted into other securities but for similar face value the difference between the latter and the face value of the original securities shall be made good at once from the general funds of the Market Committee and invested in the same manner as assets of the Provident Fund.
