Bare Acts

SCHEDULE II 1 [[See section 5(1B)]]


MATTERS FOR WHICH PROVISION MAY BE MADE IN A SCHEME
1. The employees or class of employees who shall join the Fund, and the conditions under which
employees may be exempted from joining the Fund or from making any contribution.
2. The time and manner in which contributions shall be made to the Fund by employers and by, or on
behalf of, employees 2
[(whether employed by him directly or by or through a contractor)], the
contributions which an employee may, if he so desires, make under 3*** section 6, and the manner in
which such contributions may be recovered.
2
[2A. The manner in which employees’ contributions may be recovered by contractors from
employees employed by or through such contractors.]
3. The payment by the employer of such sums of money as may be necessary to meet the cost of
administering the Fund and the rate at which and the manner in which the payment shall be made.
4
[4. The constitution of any committee for assisting any Board of Trustees.
5. The opening of regional and other offices of any Board of Trustees.]
6. The manner in which accounts shall be kept, the investment of moneys belonging to the Fund in
accordance with any directions issued or conditions specified by the Central Government, the preparation
of the budget, the audit of accounts and the submission of reports to the Central Government or to any
specified State Government.
7. The conditions under which withdrawals from the Fund may be permitted and any deduction or
forfeiture may be made and the maximum amount of such deduction or forfeiture.
8. The fixation by the Central Government in consultation with the boards of trustees concerned of
the rate of interest payable to members.
9. The form in which an employee shall furnish particulars about himself and his family whenever
required.
10. The nomination of a person to receive the amount standing to the credit of a member after his
death and the cancellation or variation of such nomination.
11. The registers and records to be maintained with respect to employees and the returns to be
furnished by employers 5
[or contractors].
12. The form or design of any identity card, token or disc for the purpose of identifying any
employee, and for the issue, custody and replacement thereof.
13. The fees to be levied for any of the purposes specified in this Schedule.
14. The contraventions of defaults which shall be punishable under sub-section (2) of section 14.
15. The further powers, if any, which may be exercised by Inspectors.

1. Subs. by Act 28 of 1963, s. 13, for “[see section 6(2)]” (w.e.f. 30-11-1963).
2. Ins. by s. 13, ibid. (w.e.f. 30-11-1963).
3. The words, brackets and figure “sub-section (1) of” omitted by s. 13, ibid. (w.e.f. 30-11-1963).
4. Subs. by s. 13, ibid., for items 4 and 5 (w.e.f. 30-11-1963).
5. Ins. by s. 13, ibid. (w.e.f. 30-11-1963).
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16. The manner in which accumulations in any existing provident fund shall be transferred to the
Fund under section 15, and the mode of valuation of any assets which may be transferred by the
employers in this behalf.
17. The conditions under which a member may be permitted to pay premia on life insurance, from the
Fund.
18. Any other matter 2
[which is to be provided for in the Scheme or] which may be necessary or
proper for the purpose of implementing the Scheme.

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