State Act

53

Section 53. Provident and pension funds

Sri Venkateswara Vedic University Act, 2006.

Act no. 29 of 20062006In forceAndhra Pradesh (State Act)

53. Provident and pension funds - (1) The University shall constitute for the benefit of its employees in such manner and subject to such conditions as may be prescribed by the Statutes, such schemes of pension, provident fund and insurance as it may deem fit with the prior approval of the Government. (2) Where such provident or pension fund has been so constituted, the Government may declare that the provisions of the Provident Funds Act, 1925 shall apply to such funds as if it were a Government Provident Fund.