Act Number: 13

Act Name: The National Institute of Pharmaceutical Education and Research Act, 1998

Year: 1998

Enactment Date: 1998-06-26

Long Title: An Act to declare the institution known as the National Institute of Pharmaceutical Education and Research to be an institution of national importance and to provide for its incorporation and matters connected therewith.

Ministry: Ministry of Chemicals and Fertilizers

Department: Department of Pharmaceuticals

Section 24: Pension and provident fund.
        (1) The Institute shall constitute, for the benefit of its employees, including the Director, in such manner and subject to such conditions as may be prescribed by the Statutes, such pension, insurance and provident funds as it may deem fit.
          (2) Where any such provident fund has been so 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.
    
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