ACT 16 OF 2003

 

THE KERALA CASHEW WORKERS' RELIEF AND WELFARE FUND (AMENDMENT) ACT, 2003 [1]

An Act further to amend the Kerala Cashew Workers' Relief and Welfare Fund Act, 1979.

Preamble .-WHEREAS it is expedient further to amend the Kerala Cashew Workers' Relief and Welfare Fund Act, 1979, for the purposes hereinafter appearing;

BE it enacted in the Fifty-fourth Year of the Republic of India as follows :-

1.   Short title and commencement.-(1)  This Act may be called the Kerala Cashew Workers' Relief and Welfare Fund (Amendment) Act, 2003.

       (2)  It shall come into force at once.

2.  Amendment of section 5.- In section 5 of the Kerala Cashew Workers' Relief and Welfare Fund Act, 1979 (19 of 1984),-

       (i)  in sub-section (2), for the words "fifty paise" , the words "one rupee" shall be substituted:

       (ii)  for sub-section (3A), the following sub-section shall be substituted, namely:-

       "(3A)  The Government shall contribute to the Fund every year by way of grant an amount equal to the amount of contribution paid by employees under sub-section (2).".