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Section 80 - Code on Social Security Act, 2020
80. Commutation of half-monthly payments.-
Any right to receive half-monthly payments may, by agreement between the parties or, if the parties cannot agree and the payments have been continued for not less than six months, on the application of either party to the competent authority be redeemed by the payment of a lump sum of such amount as may be agreed to by the parties or determined by the competent authority, as the case may be.
Related Sections
- Section 42: Corporation's rights when an employer fails to register, etc
- Section 108: Building and other construction worker's welfare Fund and its applications
- Section 94: Power of competent authority to require further deposit in cases of fatal accident
- Section 27: Holding of property, etc
- Section 148: Misuse of benefits
Related Acts
* Only for reference.