Bare Act Search Results

Payment of Bonus Act, 1965 Section 2

Title: Definitions

State: Central

Year: 1965

.....a deceased owner or occupier and where a person has been named as a manager of the factory under clause (0 of sub-section (1) of section 7 of the Factories Act, 1948 (63 of 1948), the person so named; and (ii) in relation to any other establishment, the person who, or the authority which, has the ultimate control over the affairs of the establishment and where the said affairs are entrusted to a manager, managing director or managing agent, such manager, managing director or managing agent; (15) "establishment in private sector" means any establishment other than an establishment in public sector; (16) "establishment in public sector" means an establishment owned, controlled or managed by- (a) a Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956); (b) a corporation in which not less than forty per cent of its capital is held (whether singly or taken together) by- (i) the Government; or (ii) the Reserve Bank of India; or (iii) a corporation owned by the Government or the Reserve Bank of India; (17) "factory" shall have the same meaning as in clause (m) of section 2 of the Factories Act, 1948 (63 of 1948); (18) "gross profits".....

Payment of Bonus Act, 1965 Section 20

Title: Application of Act to Establishments in Public Sector in Certain Cases

State: Central

Year: 1965

1 [(1)] If in any accounting year an establishment in public sector sells any goods produced or manufactured by it or renders any services, in competition with an establishment in private sector, and the income from such sale or services or both is not less than twenty per cent of the gross income of the establishment in public sector for that year, then, the provisions of this Act shall apply in relation to such establishment in public sector as they apply in relation to a like establishment in private sector. 2 [(2) Save as otherwise provided in sub-section (1), nothing in this Act shall apply to the employees employed by any establishment in public sector.] _______________________ 1. The brackets and figure (1) omitted by Act 23 of 1976, section 14 (w.r.e.f. 25-9-1975) and again section 20 re-numbered as sub-section (1) thereof by Act 66 of 1980, section 11 (w.e.f. 27-12-1980). 2. Sub-section (2) omitted by Act 23 of 1976, section 14 (w.r.e.f. 25-9-1975) and inserted by Act 66 of 1980, section 11 (w.e.f. 27-12-1980).

Payment of Bonus Act, 1965 Section 22

Title: Reference of Disputes Under the Act

State: Central

Year: 1965

Where any dispute arises between an employer and his employees with respect to the bonus payable under this Act or with respect to the application of this Act to an establishment in public sector, then, such dispute shall be deemed to be an industrial dispute within the meaning of the Industrial Disputes Act, 1947 (14 of 1947), or of any corresponding law relating to investigation and settlement of industrial disputes in force in a State and the provisions of that Act or, as the case may be, such law, shall, save as otherwise expressly provided, apply accordingly.

Payment of Bonus Act, 1965 Section 32

Title: Act Not to Apply to Certain Classes of Employees

State: Central

Year: 1965

.....its activities; (iii) the nature and extent of financial assistance or any concession given to it by the Government; and (iv) any other relevant factor; 7[* * *] (xi) employees employed by inland water transport establishments operating on routes passing through any other country. ________________________ 1. The words "employees employed by any insurer carrying on general insurance business and the" omitted by Act 62 o f 1968, section 41. 2. Clause (vii) omitted by Act 66 of 1980, section 18 (w.r.e.f 21-8-1980). 3. Substituted by Act 61 of 1981, section 61 and Schedule II, for sub-clause (d) (w.e.f. 12-7-1982). 4. Inserted by Act 39 of 1989, section 53 and Schedule II. 5. Omitted by Act 66 of 1980, sec, 18 (w.r.e.f 21-8-1980) and Inserted by Act 53 of 1987, section 56 and Schedule II (w.e.f. 9-7-1988). 6. Inserted by Act 66 of 1980, section 18 (w.r.e.f. 21-8-1980). 7. Clause (x) omitted by Act 23 of 1976, section 20 (w.r.e.f 25-9-1975). 8. Clause (vi) omitted by the Payment of Bonus Amendment (Amendment) Act, 2007 [Act No. 45 of 2007] (w.r.e.f. 01.04.2006). Prior to omission the text was as follows: "(vi) employees employed through contractors on.....

Payment of Bonus Act, 1965 Complete Act

Title: Payment of Bonus Act, 1965

State: Central

Year: 1965

.....- Special provisions with respect to certain establishments Section17 - Adjustment of customary or interim bonus against bonus payable under the Act Section18 - Deduction of certain amounts from bonus payable under the Act Section19 - Time-limit for payment of bonus Section20 - Application of Act to establishments in public sector in certain cases Section21 - Recovery of bonus due from an employer Section22 - Reference of disputes under the Act Section23 - Presumption about accuracy of balance-sheet and profit and loss account of corporations and companies Section24 - Audited accounts of banking companies not to be questioned Section25 - Audit of accounts of employers, not being corporations or companies Section26 - Maintenance of registers, records, etc Section27 - Inspectors Section28 - Penalty Section29 - Offences by companies Section30 - Cognizance of offences Section31 - Protection of action taken under the Act Section31A - Special provision with respect to payment of bonus linked with production or productivity Section32 - Act not to apply to certain classes of employees Section33 - Act to apply to certain pending disputes regarding payment of bonus.....

Payment of Bonus Act, 1965 Complete Act

State: Central

Year: 1965

.....or class of establishments [including an establishment being a factory within the meaning of sub-clause (ii) of clause (m) of (S.2 of the Factories Act, 1948), employing such number of persons less than twenty as may be specified in the notification ; so, however, that the number of persons so specified shall in no case be less than ten.] (4) Save as otherwise provided in this Act, the provisions of this Act shall, in relation to a factory or other establishment to which this Act applies, have effect in respect of the accounting year commencing on any day in the year 1964 and in respect of every subsequent accounting year : 3 (4) 4. Inserted by the Central Labour Laws (Extension to Jamrnu and Kashmir) Act, 1970. [Provided that in relation to the State of Jammu and Kashmir, the reference to the accounting year commencing on any day in the year 1964 and every subsequent accounting year shall be construed as reference to the accounting year commencing on any day in the year 1968 and every subsequent account- ing year:] [Provided further that when the provisions of this Act have been made applicable to any establishment or class of establishments by the issue of a.....