(1) The Central Government may, by notification in the Official Gazette, frame a scheme to be called the Coal Mines Provident Fund Schemea for the establishment of a provident fund for1[employees] and specify the coal mines to which the said scheme shall apply.
2(1A) The Fund shall vest in, and be administered by, the Board constituted under section 3A.]
(2) Any scheme framed under the provisions of sub-section (1) may provide for all or any of the matters specified in the First Schedule.
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1. Substituted for the words "employees in coal mines,", by Coal Mines Provident Fund and Bonus Schemes (Amendment) Act (80 of 1950), S. 4(31-12-1950).
2. Inserted by Coal Mines Provident Fund and Bonus Schemes (Amendment) Act, (45 of 1965), S. 3 (1-4-1966).