5. Coal Mines Bonus Schemes
(1)
The Central Government may, by notification in the Official Gazette, frame a scheme to be called the Coal Mines Bonus Scheme for the payment of bonus to [employees] and specify the coal mines to which the said scheme shall apply.
(2)
A scheme framed under the provisions of sub-section (1) may provide for all or any of the matters specified in the [Fourth Schedule.] [(3) The employer shall pay the bonus in accordance with the Scheme as aforesaid.]
Amendment notes (3)
- Subs . Subs. by Act 80 of 1950, s. 4, for "employees in coal mines".
- Subs w.e.f. 1-8-1976 . Subs. by Act 99 of 1976, s. 8, for "Third Schedule" (w.e.f. 1-8-1976).
- Ins w.e.f. 1-4-1966 . Ins. by Act 45 of 1965, s. 5 (w.e.f. 1-4-1966).