Section 13 in The Maharashtra Housing and Area Development Authority Contributory Provident Fund Rules, 1985
13. Keeping separate accounts for such subscriber.
- Separate accounts shall be kept for each subscriber by the Accounts Officer, showing the amount of his own personal subscriptions together with his share of the monthly contribution of the Authority with interest thereon. The account shall be maintained in whole rupee. The portion of a rupee equal to or exceeding fifty paise being counted as one rupee and the portion of a rupee less than fifty paise being ignored. A copy of his account for the previous year shall be furnished to each subscriber not later than 31st July in each year.
