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Union of India - Section

Section 52 in The Coal Mines Provident Fund Scheme

52. Provident Fund Account.

(1)When the Contribution Cards of members [for any period of currency commencing before the 1st April, 1953] [Inserted vide S.R.O. 3306 dated 22nd October 1954.] are received after the expiration of their period of currency from the employers, the aggregate amount for which stamps have been affixed on the Contribution Cards shall be credited to an account to be called the ".Provident Fund Account" by contra debit to the "Stamps Suspense Account."
(2)[ On receipt of the [@] [Inserted vide S.R.O. 3306 dated 22nd October 1954.] (Form 'VV') relating to any period of currency commencing on or after the 1st April, 1953 and after verification of the deposits received from the coal mines concerned, the total amount of contribution [to the Coal Mines Provident Fund] [[ ] Inserted vide Notification No. 11011(1) 72-PF I (i) dated 8.8.72.] entered in the [Form-VV] [Inserted vide S.R.O. 3306 dated 22nd October 1954.] shall be credited to an account to be called "The Provident Fund Account" by contra debit to the "Suspense General Account."]