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Section 12B
Fund cut
of the organization's employees (1) The organized organization may deduct the amount from the monthly salary of its employees and deposit it in the fund in accordance with section 12. (2) If the Government of Nepal deems it appropriate, publish a notice in the Nepal Gazette from the monthly salary of the employees who regularly receive monthly salary to an organization as per sub-section (1). (3) All the provisions of section 12 shall apply to the employees whose funds have been deducted under this section. (4) If the organization that collects the funds under this section is dissolved or liquidated, the employees of such organizations shall For the purposes of the Act, they are considered to have retired from service. (5) Prior to the commencement of this section, the funds deposited in the fund by any organized organization in accordance with section 16 shall be deemed to have been deposited in accordance with sub-section (1).