SECRETARIAT OF THE KERALA LEGISLATURE

NOTIFICATION

No. 2373/Legn.2/2007/Leg.

Dated, Thiruvananthapuram, 4th September 2007.

The Kerala Handloom Workers’ Welfare Fund (Second Amendment)) Bill,

2007 together with the Statement of Objects and Reasons and the Financial

Memorandum is published, under Rule 69 of the Rules of Procedure and

Conduct of Business in the Kerala Legislative Assembly.

DR. N. K. JAYAKUMAR,

Secretary,

Legislative Assembly.

Kerala Gazette No. 35 dated 4th September 2007

PART II

Twelfth Kerala Legislative Assembly

Bill No. 105

[Translation in English of “2007˛se tIcf ssIØdn sXmgn-emfn t£a-\n[n

(c≠mw t`Z-KXn) _n¬” published under the authority of the Governor]

THE KERALA HANDLOOM WORKERS’ WELFARE FUND (SECOND

AMENDMENT) BILL, 2007

A

BILL

further to amend the Kerala Handloom Workers’ Welfare Fund Act, 1989.

Preamble.—WHEREAS, it is expedient further to amend the Kerala Handloom

Workers’ Welfare Fund Act, 1989 for the purposes hereinafter appearing;

BE it enacted in the Fifty-eighth Year of the Republic of India as follows:—

1.

Short title and commencement.—(1)

This Act may be called the

Kerala Handloom Workers’ Welfare Fund (Second Amendment) Act, 2007.

(2)

It shall be deemed to have come into force on the 1st day of April 2007.

2.

Amendment of section 25.—In the Kerala Handloom Workers’ Welfare

Fund Act, 1989 (2 of 1989), in sub-section (1) of section 25, for the words “before

the end of July every year”, the words “before the end of December every year”

shall be substituted.

STATEMENT OF OBJECTS AND REASONS

As per sub-section (1) of section 25 of the Kerala Handloom Workers’

Welfare Fund Act, 1989 it is provided that the annual report and audited

statement of accounts of the Kerala Handloom Workers’ Welfare Fund Board shall

be submitted to the Government before the end of July every year. Since the

receipts of the Board is accepted in various District Co-operative Banks of Kerala,

the existing time limit is not adequate for the preparation and submission of

audited accounts to the Government after approval by the Board. So, the Kerala

Handloom Workers’ Welfare Fund Board had requested the Government to fix

the time limit at the end of December. The Government have approved the

proposal and decided to amend the said section of the Act.

The Bill seeks to achieve the above object.

FINANCIAL MEMORANDUM

The Bill, if enacted and brought into operation, would not involve any

expenditure from the Consolidated Fund of the State.

P. K. GURUDASAN.

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