section 15
A copy of the accounts of the Board as certified by the Auditor, together with a copy of the audit report thereon, shall also be laid before the State Legislature.
The Orissa Labour Welfare Fund Act, 2005Labour200534 sections
Statutory text
Investment of Fund Where the Fund or any portion thereof can not be utilized within a period of ninety days for fulfilling the objects of this Act, the Board shall invest the same in any of the securities specified in clauses
- (a) to
- (d) of section 20 of the Indian Trusts Act, 1882 or in fixed deposited bonds of the State Co-operative Bank or such other Co-operative Bank as the Government may, by notification specify from time to time, in such other security as may be expressly authorized by the Government in this behalf.
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