Vidhi Codex

The Coal Mines Labour Welfare Fund (Repeal) Act, 1986

The Coal Mines Labour Welfare Fund (Repeal) Act, 1986

Labour19868 sections

The Coal Mines Labour Welfare Fund (Repeal) Act, 1986, officially closed the welfare fund and housing board previously established for coal miners,. It applies to the Central Government and government-owned coal companies,. This law matters because it transfers all the board's properties, money, and legal obligations directly to the national government,. All remaining funds were moved into India’s central treasury. By doing this, the Act ensured that existing contracts, licenses, and lawsuits continued smoothly under government authority, effectively centralizing the management of former mining welfare resources into a broader national framework,.

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  1. 1. Short title and commencement.
  2. 2. Definitions.
  3. 3. Repeal of Act 32 of 1947 and dissolution of Housing Board.
  4. 4. Consequential provisions.
  5. 5. Power of Central Government to direct vesting of rights in a Government company.
  6. 6. Continuation of suits, etc., against Central Government.
  7. 7. Moneys, etc., of the Fund to be credited to the Consolidated Fund of India.
  8. 8. Collection and payment of arrears of duty.

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