Insertion of new sections 11C and 11D

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....empt. (1) The Central Government may, if requested so to do by the employer, by notification in the Official Gazette, and subject to such conditions as may be specified in the notification, exempt any coal mine from the operation of all or any of the provisions of the Insurance Scheme, if it is satisfied that the employees of such coal mine are, without making any separate contribution or paymen....

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.... from the operation of all or any of the provisions of the Insurance Scheme (whether such exemption is granted to the coal mine wherein such person or class of persons is employed or to the person or class of persons as such), the employer in relation to such coal mine- (a) shall, in relation to the benefits in the nature of life insurance, to which any such person or class of persons in entitle....

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....hat person's account in the insurance fund of the coal mine in which he is re-employed or. as the case may be, in the Deposit-linked Insurance Fund. Explanation .- For the purposes of this sub-section "insurance fund" means any fund established by an employer under any scheme for providing benefits in the nature of life insurance to employees, whether linked to their deposits in provident fu....