Prospective or retrospective amendment clarifies amendment power for provident fund legislation, allowing express temporal scope for changes. The amendment inserts the words "either prospectively or retrospectively" after the words "amend or vary" in the provision governing the coal mines ... Summary
Prospective or retrospective amendment clarifies amendment power for provident fund legislation, allowing express temporal scope for changes.
The amendment inserts the words "either prospectively or retrospectively" after the words "amend or vary" in the provision governing the coal mines provident fund scheme, thereby expressly specifying that the power to amend or vary scheme rules may be exercised with either prospective or retrospective effect.
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