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Union of India - Section

Section 39 in National Housing Bank (Officers') Service Regulations, 1997

39. Provident Fund.

(1)Every officer shall become a member of the provident fund constituted by the Bank, unless he is already a member of that fund and shall agree to be bound by the rules governing such fund.
(2)The Bank shall contribute to the provident Fund in accordance with the rules governing the Provident Fund, from time to time, provided that the amount contributed by it shall not be more than 10% of pay of the officer.