Administration account under the insurance scheme channels employer contributions, inspection charges, and transferred net assets for scheme expenses. The Administration Account under the Employees' Deposit-Linked Insurance Scheme, 2026 requires the relevant amounts received from employers and inspection charges to be credited to the Insurance Fund Central Administration Account, and all scheme administration expenses to be met from that account. It also provides that the net assets of the corresponding account under the 1976 Scheme shall vest in and stand transferred to the corresponding account under the 2026 Scheme.
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Provisions expressly mentioned in the judgment/order text.
Administration account under the insurance scheme channels employer contributions, inspection charges, and transferred net assets for scheme expenses.
The Administration Account under the Employees' Deposit-Linked Insurance Scheme, 2026 requires the relevant amounts received from employers and inspection charges to be credited to the Insurance Fund Central Administration Account, and all scheme administration expenses to be met from that account. It also provides that the net assets of the corresponding account under the 1976 Scheme shall vest in and stand transferred to the corresponding account under the 2026 Scheme.
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