Section 20:
Pension and provident funds.
(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.