3. Coal Mines Provident Fund Scheme
(1)
The Central Government may, by notification in the Official Gazette, frame a scheme to be called the Coal Mines Provident Fund Scheme a for the establishment of a provident fund for [employees] and specify the coal mines to which the said scheme shall apply.
[(1A) The Fund shall vest in, and be administered by, the Board constituted under section 3A.]
(2)
Any scheme framed under the provisions of sub-section (1) may provide for all or any of the matters specified in the First Schedule.
Amendment notes (2)
- Subs . Subs. by Act 80 of 1950, s. 4, for "employees in coal mines".
- Ins w.e.f. 1-4-1966 . Ins. by Act 45 of 1965, s. 3 (w.e.f. 1-4-1966).