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State of Odisha - Section

Section 17A in The General Provident Fund (Orissa) Rules, 1938

17A. [ [Substituted vide F. D. No. 30498-F./18.9.1958.]

(1)The number of policies in respect of which substitution for subscription due to the Fund or withdrawal of subscriptions from the Fund may be permitted under Rule 17 shall not exceed four :Provided that where immediately before the 22nd June, 1953, substitution for subscription due to the Fund or withdrawal of subscription from the Fund is permitted in respect of more than four policies such substitution or withdrawal shall continue to be permitted in respect of those policies.
(2)The premium for a policy including any policy referred to in the proviso to Sub-rule (1) in respect of which withdrawal of subscriptions from the Fund may be permitted under Rule 17 shall not be payable otherwise than annually.Explanation - In computing the maximum number of policies specified in Sub-rule (1) policies which have matured or have been converted into paid-up ones shall be excluded.] [Substituted vide Orissa Gazette Part III-No. 28 of 1979.]