juris

Section 10: General Fund

Employees' Welfare Fund Act

consolidated text (as at 2004). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

10. General Fund (1) The Fund shall establish a General Fund— (a) into which all monies received by the Fund shall be paid; and (b) out of which all payments required to be effected by the Fund shall be met. (2) The Fund shall consist of— (a) all monthly contributions paid under the Finance and Audit (Employees’ Welfare Fund) Regulations 1991, as at 30 June 1994; (b) all investments made by the Employees’ Welfare Fund created under the Finance and Audit (Employees’ Welfare Fund) Regulations 1991; and (c) all other monies lawfully accruing to it.

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