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Section 35 - National Institutes of Food Technology, Entrepreneurship and Management Act, 2021
The National Institutes of Food Technology, Entrepreneurship and Management Act, 2021
35. Pension, insurance and provident funds.-
(1) Each Institute shall constitute for the benefit of its employees, including the Director, in such manner and subject to such conditions as may be specified by the Statutes, such pension, insurance and provident funds as it may deem fit.
(2) Where the provident fund referred to in sub-section (1) has been constituted, the Central Government may declare that the provision of the Provident Funds Act, 1925 (19 of 1925) shall apply to such fund as if it were a Government Provident Fund.
Related Sections
- Section 11: Board of Governors
- Section 29: Term of office of, vacancies among, and allowances payable to members of Council
- Section 36: Acts and proceedings not to be invalidate by vacancies, etc
- Section 7: Institutes to be open to all races, creed and classes
- Section 12: Powers and functions of Board
Related Acts
* Only for reference.