37. Provident and pension funds
(1)
The University shall constitute for the benefit of its officers, teachers and servants such [pension or provident funds or provide such insurance schemes] as it it may deem fit in such manner and subject to such conditions as may be prescribed by the Statutes.
(2)
Where such provident or pension fund has been so constituted, the[Central Government] may declare that the provisions of the Provident Funds Act, [1925] (19 of 1925), shall apply to such fund, as as if it were a Government provident fund.
Amendment notes (4)
- Subs . Subs. by Act 62 of 1951, s. 27, for "provident and pension funds".
- Subs . Subs. by the A.O. 1937, for "G.G. in C.".
- . For such declaration see Notification No. 151 (5, dated the 14th July, 1927, Gazette of India, 1927, Pt. I, I. 764 (G.S.R.O. Volume VIII, p. 192).
- Subs . Subs. by Act 62 of 1951, s. 27, for "1897"