Section 12B
Fund Deduction Of Employees Of The Institution
(1) An institution may deduct the Fund amount from the monthly salary of its employees pursuant to Section 12 and cause to be paid to the Fund.
(2) If the Government of Nepal considers appropriate, it may, by publishing a Notification in the Nepal Gazette, order any institution to pay to the Fund the amount as referred to in Sub-section (1) from the monthly salary of the
employees who receive monthly salary regularly.
(3) All provisions of Section 12 shall apply to the employees who Fund amount has been deducted under this Section.
(4) In the event of the dissolution or liquidation of an institution deducting the Fund amount and paying the same to the Fund under this Section, the employees of such an institution shall be deemed to have been removed
from service for the purposes of this Act.
(5) The Fund deduction amount paid by any corporate body to the Fund pursuant to Section 16 prior to the commencement of this Section shall be deemed to have been paid pursuant to Sub-section (1).
12C. Person Involving in Self-Employment may deposit the Amount in the
Fund:
(1) The person involving in self-employment may deposit the amount as prescribed in the Fund.
(2) Other provisions with regard to the process of collection of the amount deposited in the Fund in accordance with Sub-Section (1) and its payment and facility available from the Fund shall be as prescribed.
(2) If the Government of Nepal considers appropriate, it may, by publishing a Notification in the Nepal Gazette, order any institution to pay to the Fund the amount as referred to in Sub-section (1) from the monthly salary of the
employees who receive monthly salary regularly.
(3) All provisions of Section 12 shall apply to the employees who Fund amount has been deducted under this Section.
(4) In the event of the dissolution or liquidation of an institution deducting the Fund amount and paying the same to the Fund under this Section, the employees of such an institution shall be deemed to have been removed
from service for the purposes of this Act.
(5) The Fund deduction amount paid by any corporate body to the Fund pursuant to Section 16 prior to the commencement of this Section shall be deemed to have been paid pursuant to Sub-section (1).
12C. Person Involving in Self-Employment may deposit the Amount in the
Fund:
(1) The person involving in self-employment may deposit the amount as prescribed in the Fund.
(2) Other provisions with regard to the process of collection of the amount deposited in the Fund in accordance with Sub-Section (1) and its payment and facility available from the Fund shall be as prescribed.