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Contents of the SS Rules (Gujarat)

The Code on Social Security (Gujarat) Rules, 2023

Rule 5. Bank or other financial institution in which the gratuity shall be invested for the

Chapter II — Employees' Insurance CourtMade under The Code on Social Security, 2020No. GR/2023/158/PGA/172021/24659/M3, 30 Dec 2023

Text read by machine from the official scan

benefit of minor under the third proviso to sub-section (1) of section 53. -In the case of nominee, or an heir, who is minor, the competent authority shall invest the gratuity amount deposited with him for the benefit of such minor in terın deposit with the State Bank of India or any Nationalised Bank.

Explanation.-"Nationalized Bank" means a corresponding bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) or a corresponding bank specified in the First Schedule of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980).

Source: The Code on Social Security (Gujarat) Rules, 2023, No. GR/2023/158/PGA/172021/24659/M3 — the official copy of the notification, p. 6 of the PDF. Open our copy at p. 6 · official download · all sources

The official copy is a scan. This text was read by machine and only tidied by program, not checked page by page, so it will contain mistakes, including in numbers: the official PDF is the copy to rely on. The Forms are not reproduced here; read them in the PDF. The Code on Social Security (Gujarat) (Amendment) Rules, 2026 are not applied to this text: see the State page. Rule numbers the machine missed (9) stay inside the rule before them here.