(1) In accordance with Section 13 of the Bonus Act, 2030, every establishment shall establish a welfare fund at the establishment level to manage the amount remaining after bonus distribution.
(2) In accordance with sub-rule (1), seventy percent of the remaining amount shall be deposited in the welfare fund in accordance with section 5 of the Bonus Act, 2030.
(3) The operation and use of the fund shall be in accordance with the decision of the Labor Relations Committee.
(4) When using the money in the fund, it can be spent for the treatment, educational development, sports and entertainment purposes of all kinds of workers or their family members of the establishment and for other activities that benefit all the workers.
(5) If all the workers employed in the establishment are retrenched while the amount remains in the welfare fund or the establishment goes into liquidation, the amount shall be distributed by Damasahi to all the workers employed in the establishment up to one year before the commencement of the liquidation process.