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Employees Provident Funds Miscellaneous Provisions Act, 1952

Section 2 Definitions

Section 2A Establishment to include all departments and branches

Section 3 Power to apply Act to an establishment which has a common provident fund with another establishment

Section 4 Power to add to Schedule I

Section 5 Employees’ Provident Funds Scheme

 

 

Section 5A   Central Board

Section 5AA  Executive Committee

Section 5B  State Board

Section 5C  Board of Trustees to be body corporate

Section 5D  Appointment of officers

Section 5DD  Acts and proceedings of the Central Board or its Executive Committee or the State Board not to be invalidated on certain grounds

Section 5E  Delegation

 

 

Section 6  Contributions and matters which may be provided for in Schemes

Section 6A  Employees Pension Scheme

Section 6C  Employees Deposit-linked Insurance Scheme

Section 6D  Laying of Schemes before Parliament

Section 7  Modification of Scheme

Section 7A  Determination of moneys due from employers

Section 7B Review of orders passed under Section 7A

Section 7C Determination of escaped amount

Section 7D Employees’ Provident Funds Appellate Tribunal

7E Term of office

Section 7F Resignation

Section 7G Salary and allowances and other terms and conditions of service of Presiding Officer

Section 7H Staff of the Tribunal

Section 7I Appeals to the Tribunal

Section 7J Procedure of Tribunals

Section 7K Right of appellant to take assistance of legal practitioner and of Government, etc., to appoint presenting officers

Section 7L Orders of Tribunal

7M Filling up of vacancies

Section 7N Finality of orders constituting a Tribunal

Section 7O Deposit of amount due, on filing appeal

Section 7P Transfer of certain applications to Tribunals

Section 7Q Interest payable by the employer

Section 5A   Central Board - Employees Provident Funds Miscellaneous Provisions Act, 1952

What is   Central Board? Section 5A of Employees Provident Funds Miscellaneous Provisions Act, 1952

 

  Central Board is defined under section 5A of Employees Provident Funds Miscellaneous Provisions Act, 1952. Provisions under Section 5A of EPF Act 1952 is :

Section 5A of Employees Provident Funds Miscellaneous Provisions Act, 1952 "Central Board"

(1) The Central Government may, by notification in the Official Gazette, constitute, with effect from such date as may be specified therein, a Board of Trustees for the territories to which this Act extends hereinafter in this Act referred to as the Central Board consisting of the following persons as members, namely:-

(a) a Chairman and a Vice-Chairman to be appointed by the Central Government;

(aa) the Central Provident Fund Commissioner, Ex officio;

(b) not more than five persons appointed by the Central Government from amongst its officials;

(c) not more than fifteen persons representing Governments of such States as the Central Government may specify in this behalf, appointed by the Central Government;

(d) ten persons representing employers of the establishments to which the Scheme applies, appointed by the Central Government after consultation with such organisations of employers as may be recognised by the Central Government in this behalf; and

(e) ten persons representing employees in the establishments to which the Scheme applies, appointed by the Central Government after
consultation with such organisations of employees as may be recognised by the Central Government in this behalf.

(2) The terms and conditions subject to which a member of the Central Board may be appointed and the time, place and procedure of the meetings of the Central Board shall be such as may be provided for in the Scheme.

(3) The Central Board shall subject to the provisions of section 6 and section 6C administer the Fund vested in it in such manner as may be specified in the Scheme.

(4) The Central Board shall perform such other functions as it may be required to perform by or under any provisions of the Scheme, the Pension Scheme and the Insurance scheme.

(5) The Central Board shall maintain proper accounts of its income and expenditure in such form and in such manner as the Central Government may, after consultation with the Comptroller and Auditor-General of India, specify in the Scheme.

(6) The accounts of the Central Board shall be audited annually by the comptroller and Auditor-General of India and any expenditure incurred by him in connection with such audit shall be payable by the Central Board to the Comptroller and Auditor-General of India.

(7) The Comptroller and Auditor-General of India and any person appointed by him in connection with the audit of the accounts of the Central Board shall have the same rights and privileges and authority in connection with such audit as the Comptroller and Auditor General
has, in connection with the audit of Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers, documents and papers and inspect any of the offices of the Central Board.

(8) The accounts of the Central Board as certified by the Comptroller and Auditor-General of India or any other person appointed by him in this behalf together with the audit report thereon shall be forwarded to the Central Board which shall forward the same to the Central Government along with its comments on the report of the Comptroller and Auditor-General.

(9) It shall be the duty of the Central Board to submit also to the Central Government an annual report of its work and activities and the Central Government shall cause a copy of the annual report, the audited accounts together with the report of the Comptroller and Auditor-General of India and the comments of the Central Board thereon to be laid before each House of Parliament.

 

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