Effect of laws and agreements inconsistent with this Act and Scheme

(1) The provisions of this Act and the Scheme shall have effect notwithstanding anything inconsistent therewith contain in any other law or in the terms of any award, agreement or contract of service, whether made before or after the commencement of this section: Provided that where under any such award, agreement, contract of service custom or otherwise, any agricultural worker was enjoying immediately before the commencement of this section benefits in respect of any matter, which are more favourable to him than those to which he would be entitled under this Act, the agricultural worker shall be entitled to the more favourable benefits in respect of that matter, notwithstanding that he receives benefits in respect of other matters under this Act. The Accounts of the Fund including the Administration Account shall be maintained by the Chief Executive in such Form and manner as may be, specified by the Board with the previous approval of Government.