Section 3
Iron Ore Mines and Manganese Ore Mines Labour Welfare Fund. Repealed
The Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Fund Act, 1976
About this Act
An Act to provide for the financing of activities to promote the welfare of persons employed in the iron ore mines, manganese ore mines and chrome ore mines.
There shall be formed a
Fund, to be called the Iron Ore Mines 1[, Manganese Ore Mines and Chrome Ore Mines Labour Welfare]
Fund, and there shall be credited thereto--
(a) an amount which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide from and out of the proceeds of duty of customs and duty of excise credited under section 5 of the Iron Ore Mines 1[, Manganese Ore Mines and Chrome Ore Mines Labour Welfare] Cess Act, 1976 (55 of 1976), after deducting therefrom, the cost of collection as determined by the Central Government under this Act;
(b) any income from investment of the amount credited under the Act referred to in clause (a) and any other moneys received by the Central Government for the purposes of this Act.
(a) an amount which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide from and out of the proceeds of duty of customs and duty of excise credited under section 5 of the Iron Ore Mines 1[, Manganese Ore Mines and Chrome Ore Mines Labour Welfare] Cess Act, 1976 (55 of 1976), after deducting therefrom, the cost of collection as determined by the Central Government under this Act;
(b) any income from investment of the amount credited under the Act referred to in clause (a) and any other moneys received by the Central Government for the purposes of this Act.
Notes
1. Subs. by s. 5, ibid., for "and Manganese Ore Mines Labour Welfare" (w.e.f. 1-7-1983).