Rescinding of SO 434 and SO 272 wrt Air India Intl Coop
Rescinding of SO 434 and SO 272 wrt Air India Intl Coop and the Indian Airlines Coop
S.O. 5225(E).— Whereas, the following two notifications were issued by the Central Government in exercise of the powers conferred by sub-section (2) of section 8 of the Provident Funds Act, 1925 (19 of 1925), respectively, to apply the provisions of the said Act to the Air lndia lnternational Corporation and the lndian Airlines Corporation, occurring respectively against serial number 72 and serial number 84 in the Schedule to the said Act, namely: —
(a) S.O. 434, dated the 1st February, 1962; and
(b) S.O. 272, dated the 25th January, 1963;
And whereas, after the majority of the employees having agreed, as required under sub-section (4) of section 1 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), for transfer of the existing provident fund of the employees of the Air India International Corporation and the Indian Airlines Corporation under the Provident Funds Act, 1925 (19 of 1925), to the Employees’ Provident Fund Organisation on voluntary basis, the Central Government has decided to rescind the aforesaid notifications;
Now, therefore, in exercise of the powers conferred by sub-section (2) of section 8 of the Provident Funds Act, 1925 (19 of 1925) read with section 21 of the General Clauses Act, 1897 (10 of 1897), the Central Government hereby rescinds the said notifications, namely:-
(a) S.O. 434, dated the 1st February, 1962; and
(b) S.O. 272, dated the 25th January, 1963,
except as respects things done or omitted to be done before such rescission under the said notifications.
- This notification shall come into force with effect from the 1st day of January, 2022.
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