Interest on unpaid accumulations

(1) Where any employer fails to pay any unpaid accumulation or any fine realised from an employee to the Board as required under the Act, the Board may, after giving the employer a reasonable opportunity of being heard, by order determine the amount of such unpaid accumulation or fine and direct the employer to pay the amount along with interest thereon at such rate as may be prescribed from the date of such failure. (2) Any amount determined and directed to be paid under sub-section (1) shall be recoverable as an arrear of land revenue. The Board may, with the approval of the State Government, delegate to the Welfare Commissioner or any other officer of the Board, such of its powers and functions under this Act, as it may consider necessary for the efficient administration of the Fund. (1) The fund shall vest in and be held and applied by the Board as a Trustee subject to the provisions and for the purposes, of this Act. The moneys therein shall be utilised by the Board to defray the cost of carrying out activities which may be specified by the State Government from time to time to promote the Welfare of labour and of their dependents. (2) Without prejudice to the generality of sub-section (1) the moneys in the fund may be utilised by the Board to defray expenditure on the following: (a) community and social education centres including reading rooms and libraries; (b) community necessities; (c) educational facilities for children, women, and adults; (d) games and sports; (e) excursions, tours and holiday homes; (f) entertainments and other forms of recreation; (g) home industries and subsidiary occupations for women and unemployed persons; (h) corporate activities of a social nature; (i) cost of administering the Act including allowances of the members of the Board and the salaries and allowances of the officers and staff appointed for the purposes of the Act; and (j) such other objects as would in the opinion of the Board improve the standard of living and ameliorate the social conditions of labour. Provided that the fund shall not be utilised in financing any activity which the employer is required under any law for the time being in force to carry out. Provided further that unpaid accumulations and fines shall be paid to the Board and be expended by it under this Act, notwithstanding anything contained in the sub-section (1). The Board may, with the approval of the State Government, make a grant out of the fund to any employer or any other body in aid of any activity for the welfare of labour. If any question arises whether any particular expenditure is debitable to the Fund, the matter shall be referred to the State Government and the decision of the State Government shall be final. The Board shall not be liable to continue any activity shifted from the labour welfare fund of any establishment if the said fund is only transferred to the Board under sub-section (3) of Section 3. (1) The accounts of the Fund for each financial year ending 31st March, shall be prepared and maintained in Form 'C'. (2) the Board shall cause to be maintained the following registers:- (a) Fees register separately for different Welfare activities ; (b) Unpaid accumulations account register; (c) Register of quarterly receipts of unpaid accumulations from the establishment and publication of notices; (d) Register of payments towards settlement of claims to unpaid accumulations under Section 8; (e) Register of fines and unpaid accumulations received under rule 3; (1) The accounts of the Fund for each financial year ending 31st March, shall be prepared and maintained in Form 'C' .(2) the- Borad shall cause to be maintained the following registers :(a) Fees register separately fordifferentWelfare activities ;(b) Unpaid accumulations account register;(c) Register of quarterly receipts of unpaid accumulations from the establishment and publication of notices;(d) Register of payments towards sttlement of claims to unpaid accumulations under Section 8;(e) Register of fines and unpaid accumulations received under rule 3;(f) Register of contribution received under Section 9;(g) Register of payment of allowances to members under rule 5;(h) Register of immovable properties of the board;(i) Register of movable properties of the board;(j) Register of penal interest paid under Section 10;(k) Register of voluntary donations to the Board;(l) Register of grant in aid or subsidy paid by the State Government;(m) Register of sums borrowed under Section 112;(n) Register of loans advanced by the State Government;(o) Register of grant in aid under Section 11(3);(p) Separate registers on expenditure in providing Welfare facilities mentioned in sub-section (2) of Section 11;(q) Registers relating to strength of staff, their Attendance, earned leave, casual leave, salary advance, loans and such other registers as the Welfare Commissioner may deem necesary for the proper administration of the Board.