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THE VISAKHAPATNAM PORT EMPLOYEES' (WELFARE FUND)fedcbaZYXW
REG ULATIO NS, 1967
(ii) They shall com e into force on the date _of their publication in
the O fficial G azette.
2. DEFINITIO NS:
(1) "Board" "Chairm an" and "Deputy Chairm an" shall have the
sam e m eanings as in, the M ajor Port Trusts Act, 1963;
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(3) "Fund" m eans the Visakhapatnam Port Em ployees' W elfare
Fund form ed under Rule 3.
(4) "G eneral Account" m eans the general account of the Board.
(d) Interest and profit on investm ents belonging to the fund; and
(e) Any other sum or property m ade over to the Fund by way of
gift or donation.
r
4. ADM INISTRATIO N
'"
O F THE
ill
FUND:
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(g) G rants for conducting sports, com petitions, dram as, m usic,
film shows, bhajans, etc., for em ployees and celebrations of
Independence and Republic Days by em ployees;
(h) Paym ent of hot and cold weather charges for the benefit of
em ployees;
Disbursem ent from the Fund shall be m ade either with the
"specific sanction of (a) the Chairm an or (b) by the Deputy
Chairm an or any authoruy .iuthorized by the Chairm an" and in
accordance with the general instructions of the Chairm an from
tim e to tim e.
. .
@ This was introduced by publication in Sub-Section (i) of
Section 3 of Part-II of the G azette of India" renum bered as(j)
Any surplus in the Fund over and above the prescribed m axim um
shall be credited to the Board's general account.
9. INTERPRETATIO N:
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FOOT NOTE:fedcbaZYXWVUTSRQPONMLKJIHGFEDCBA
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