Employees Provident Funds (Amendment) Scheme, 2011

 
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G.S.R.25(E).-- In exercise of the powers conferred by Section 5, read with sub-section (1) of Section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme, further to amend the Employees' Provident Funds Scheme, 1952, namely:--

1. (1) This Scheme may be called the Employees Provident Funds (Amendment) Scheme, 2011.

(2) It shall come into force from the 1st day of April, 2011.

2. In the Employees' Provident Funds Scheme, 1952, (hereinafter referred to as the said Scheme), in paragraph 60, after sub-paragraph (5), the following sub-paragraph shall be substituted, namely:--

"(6) Interest shall not be credited to the account of a member from the date on which it has become Inoperative Account, under the provisions of sub-paragraph (6) of paragraph 72."

3. In the said Scheme in paragraph 72, in sub-pargraph (6):--

(a) for the words but no claim has been preferred" the words "but no application for withdrawal under...

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