Exemptions.

(1) Nothing contained in this Act shall apply to – (a) any such employee who gets monthly wages of more than Rs. 500 and be chiefly employed on a managerial administrative or supervisory post; (b) any industrial establishment under the control of the Central Government or the State Government; and (c) any mine or oil field. (2) The Government may by notification in the official Gazette, subject to such terms and conditions as it may think fit, exempt any class of industrial establishments from all or any provisions of this Act, permanently or for a specific period.