Fund account maintenance must follow board-specified formats approved by government, with centralized responsibility assigned to the commissioner. The accounts of the Fund and Administration Account are to be maintained by the Central Provident Fund Commissioner in the form and manner specified by ... Summary
Fund account maintenance must follow board-specified formats approved by government, with centralized responsibility assigned to the commissioner.
The accounts of the Fund and Administration Account are to be maintained by the Central Provident Fund Commissioner in the form and manner specified by the Central Board, with the approval of the Central Government. The provision centralises account maintenance and makes the prescribed format and method subject to board specification and governmental approval.
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