Act not to apply to establishments registered under Co-operative Societies Act and infant establishments

Act not to apply to establishments registered under Co-operative Societies Act and infant establishments.—(1) This Act shall not apply—

1. (a) to any establishment registered or deemed to have been registered under the Jammu and Kashmir Co-operative Societies Act, 1960 or under any other law for the time being in force relating to co-operative societies, employing less than five persons and working without the aid of power; or
2. (b) to any other establishment employing five or more persons until the expiry of three years from the date on which the establishment is or has been set up. Explanation.—For the removal of doubts, it is hereby declared that an establishment shall not be deemed to be newly set up merely by reason of a change in its location, name, ownership, partnership or proprietorship.

1. (2) If the Government is of opinion that having regard to financial position of any class of establishments or other circumstances of the case, it is necessary or expedient so to do, it may, by notification in the Government Gazette and subject to such conditions as may be specified in the notification, exempt that class of establishments from the operation of this Act for such period as may be specified in the notification.