Section 20
Pension and provident funds.
The Post-Graduate Institute of Medical Education and Research, Chandigarh, Act 1966
About this Act
An Act to declare the institution known as the Post-Graduate Institute of Medical Education and Research, Chandigarh, to be an institution of national importance and to provide for its incorporation and matters connected therewith.
(1) The Institute shall constitute for the benefit of its officers,
teachers and other employees in such manner and subject to such conditions as may be prescribed by
regulations, such pension and provident funds as it may deem fit.
(2) Where any such pension or provident fund has been constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925), shall apply to such fund as if it were a Government Provident Fund.
(2) Where any such pension or provident fund has been constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925), shall apply to such fund as if it were a Government Provident Fund.