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[Cites 0, Cited by 0] [Section 25] [Entire Act]

State of Maharashtra - Subsection

Section 25(2) in The Maharashtra Housing and Area Development Authority Contributory Provident Fund Rules, 1985

(2)Save as provided by sub-rule (3) of rule 27, when the subscriber dies before quitting the service, the Accounts Officer shall -
(i)if the policy has been assigned to the Governor of Maharashtra under rule 23, reassign the policy in the Second Form set forth in the Third Schedule to such person, as may be legally entitled to receive it, and shall make over the policy to such person together with a signed notice of the reassignment addressed to the Insurance Company;
(ii)if the policy has been delivered to him under clause (b) of sub-rule (1) of rule 23 make over the policy to the beneficiary if any or if there is no beneficiary, to such person as may be legally entitled to receive it.