BONUS ORDINANCE PROMULGATED

 

 

 

   The Gazette of India

 

 

                                                  MINISTRY OF LAW AND JUSTICE

             (Legislative Department)

 

 

               New Delhi, the 27^th October, 2007/Kartiaka5, 1929 (Saka)

 

THE PAYMENT OF BONUS (AMENDMENT) ORDINANCE, 2007

 

No. 8 of 2007

 

Promulgated by the president in the Fifty -Eight year of the Republic of India.

 

An Ordinance further is not in session and the President is satisfied that circumstances exist which render it necessary for her to take immediate action;

 

Now, THEREFORE, in exercise f the powers conferred by clause (1) of article 123 of the Constitution, the President is pleased to promulgate the following Ordinance: -

 

1         (I) This Ordinance may be called the Payment of Bonus (Amendment) Ordinance  2007.

 

(II) It shall be deemed to have come into force on the 1^st day of April, 2006.

 

2         In section 2 of the Payment of Bonus Act, 1965 (hereinafter referred to as the principal Act), in clause (13), for the words "three thousand and live hundred rupees", the words "ten thousand rupees" shall be substituted.

 

3         In section 12 of the principal Act, for the words "Two thousand and five hundred rupees", in both the places where they occur, the words "three thousand and five hundred rupees" shall be substituted.

 

4         In section 32 of the principal Act, clause (vi) shall be omitted.

 

 

PRATIBA DEVSING PATH

President

 

 

K.N. CHATURVEDI

Secy. to the Govt of India