Payment from the Fund on cessation of employment.

Civil201526 sections

Statutory text

(1) A member of the Fundshall, on cessation of employment, be entitled to receive from and out of the Fund an amount at therate specified in the Schedule.
(2) In the event of death of a member, a consolidated amount of rupees fifty thousand shallbe paid to the nominee or, where there is no nominee, to his dependants.
(3) A member of the Fund may withdraw his membership at any time after five years ofhis admission as a member of the Fund and on such withdrawal he shall be entitled to receive fromand out of the Fund an amount at the rate specified in the Schedule and he may also be eligible for re-admission to the Fund as a new member subject to such conditions as may be prescribed : Provided that a member suffering from permanent disablement may withdraw hismembership at any time.
(4) For calculating the period of completed years of employment for the purpose of payment under this Act, every four years of employment under an Advocate, if any, before admission of a member to the Fund, shall be computed as one year of employment and added to the number of years of employment after such admission.
(5) An application for payment from the Fund shall be made to the Committee in suchform as may be prescribed.
(6) An application received under sub-section (5), shall be disposed of by the Committeeafter such enquiry as it deems necessary.

Study data processing for this section.

PDF: pending for this language.