Section 23A
Audit Committee
(1) There shall be an Audit Committee in the Fund in order to maintain financial discipline and internal control system.
(2) Formation of Audit Committee as per the Sub-Section (1) and its’ function, duty and power shall be as prescribed
(2) Formation of Audit Committee as per the Sub-Section (1) and its’ function, duty and power shall be as prescribed
Employee Provident Fund Act, 2019 (1962)
Chapter - 2
Section 3: Establishment Of The FundSection 4: Formation Of The BoardSection 5: 32 Disqualification For DirectorSection 6: 34 Fulfillment Of VacancySection 6A: 36 Appointment Of AdministratorSection 7: ProvisionSection 8: 40 Meetings Of The BoardSection 9: Power Of The Government Of Nepal To Suspend The BoardSection 10: XxxxxxxSection 11: Relation Between The Government Of Nepal And The Fund
Chapter - 3
Section 12: Mandatory Deduction Of Money From Salary Of Employees And Paymentthereof To The FundSection 12A: XxxxxxxSection 12B: Fund Deduction Of Employees Of The InstitutionSection 13: Acts To Be Done By The Fund After Payment Of Money To The FundSection 14: Entitled To Withdraw AmountSection 14A: Reconciliation Of AmountsSection 14B: Amount Withdrawn From The Fund May Be ReturnedSection 15: Interest And Profits To Be ProvidedSection 15A: Fund Deduction To Be RefundedSection 15B: To Give Notice To The Fund About The Condition Of EmployeeSection 16: XxxxxxxSection 17: Transfer Of CapitalSection 18: Security Of FundSection 19: Powers Of The FundSection 19A: To Make RecoverySection 20: Prohibited Acts
Chapter - 5
Section 24: Provision Of InvestigationSection 25: Profits May Be Deposited In Various Funds To Be EstablishedSection 26: Saving Of Officials Against Loss And DamageSection 27: DissolutionSection 28: Restriction On Director, Administrator And Other Employee Of ThefundSection 29: PenaltiesSection 29A: 112 Provision On BlacklistingSection 30: Power To Frame RulesSection 30A: Power To Frame Bye-lawsSection 30B: SavingSection 31: When This Act Is Inconsistent With Other Nepal LawsSection 32: Xxxxxxx