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The Maharashtra Educational Institutions (Transfer of Management) Act, 1971 Complete Act

State: Maharashtra

Year: 1971

.....full particulars about the name of each employee of the institution, the amount of salary and allowances payable to him (after taking into account factors such as leave, provident fund and other deductions, if any) and his individual Bank account number. (6) The Education Officer shall than forward the cheque and the three copies of the statement received from the institution to the Bank concerned together with an advice for transferring and crediting the amount of salary and allowances due to every employee into his individual bank account. (7) The Education Officer shall than request the Bank concerned to return one copy of the Statement to the educational institution and another copy to the Education Officer, after transferring the amount and crediting it to the individual accounts of the employees as indicated in the Statement. Explanations.--For the purpose of this rule "quarter" means the quarter commencing on the 1st day of April, 1st day of July, 1st day of October and the 1st day of January of any year. 4. Qualifications of employees of educational institutions."The qualifications of the teaching staff of educational institution referred to in.....