Power to apply the act to the provident funds

Power to apply the act to the provident funds: The appropriate Government may, by notifica­tion in the official Gazette, direct that the provisions of this i Act shall apply to any Provident Fund established for the benefit of its employees by any local authority within the meaning of the Local Authorities Loans Act, 1914, and, on the making of such declaration, this Act shall apply accordingly, as if such Provident Fund were a Government Provident Fund and such local auth­ority were the Government.

(2) The appropriate Government may, by notification in the official Gazette, direct that the provisions of this Act shall apply to any Provident Fund established for the benefit of the employees of any of the institutions specified in the Sche­dule, or of any group of such institutions, and, on the making of such declaration, this Act shall apply accordingly, as if such Provident Fund were a Government Provident Fund and the authority having custody of the Fund were the Government:

Provided that section 6 shall apply as if the authority mak­ing the contributions referred to in that section were the Govern­ment.

(3) The appropriate Government may, by notification in the official Gazette, add to the Schedule the name of any public institution it may deem fit, and any such addition shall take effect as if it had been made by this Act.

(4) In this section “the appropriate Government” means‑

(a) in relation to a cantonment authority, a port auth­ority for a major port, and any institution which, or the objects of which, appear to the Central Govern­ment to fall within the Third Schedule to the Constitution, the Central Government ; and

(b) in other cases, the Provincial Government.

Explanation.‑“The Provincial Government’ in relation to an institution registered under the Societies Registration Act, 1860, means the Provincial Government of the Province in which the society is registered.

To hire us for your Provident Fund Registration and Application for Issuance of Exemption Certificate for Provident Fund Trust under section 159 read with section 151 further read with clause 57(3) of 2nd Schedule of The Income Tax Ordinance, 2001

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