Ministry of Coal
The Coal Mines Labour Welfare Fund (Repeal) Act, 1986, is an Indian legislation that repealed the Coal Mines Labour Welfare Fund Act, 1947. This act dissolved the Housing Board and transferred its assets, liabilities, and functions to the Central Government. It also outlined procedures for pending suits and the allocation of funds. It was enacted to make way for new welfare schemes.
Act Background and Ministry Under Which This Act Is:
The Coal Mines Labour Welfare Fund (Repeal) Act, 1986, was enacted to repeal the 1947 act, which set up the Coal Mines Labour Welfare Fund. It transfers all assets and responsibilities from the Housing Board, to the Central Government or a Government Company. Though the act does not specify a particular ministry it is generally administered by the Ministry of Labour and Employment in India.
Enactment Date, Number of Chapters, Number of Sections:
The Act was enacted on May 23, 1986. It is a concise act, containing 8 sections which address the repeal of the 1947 act, defines certain terms, and lays down the procedures for transfer of assets, liabilities, and ongoing legal proceedings.
Act Governed By:
The Act is governed by its own provisions. This act details the procedure for repealing the older act, outlines the transfer of all assets and liabilities of the Housing Board, to the Central Government or a Government Company. It also covers all matters related to the welfare fund and sets the procedures for collection and allocation of duties.
On Whom it is Applicable:
The Act primarily applies to the Central Government, the Housing Board established under the 1947 Act, and any Government company designated by the Central Government. It also addresses the rights and obligations of entities and individuals previously involved with the Housing Board.
Penalties/Punishments:
This act does not lay down any specific penalties or punishments as its main aim is to repeal and dissolve the Housing board. However, there are penalties for not paying the duties before the appointed day, which are to be recovered as specified by the act.
Important Pointers:
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Repeal of 1947 Act: This act repeals the Coal Mines Labour Welfare Fund Act, 1947.
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Dissolution of Housing Board: The Act dissolves the Coal Mines Labour Housing Board.
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Transfer of Assets: It ensures that all assets of the Housing Board are transferred to the Central Government.
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Transfer of Liabilities: All liabilities of the Housing Board are transferred to the Central Government.
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Vesting in Government Company: The Central Government can transfer assets to a Government company.
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Continuation of Legal Proceedings: The Act provides guidelines for continuation of legal proceedings against the Central Government or Government Company.
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Consolidated Fund: It specifies that all funds and balances should be credited to the Consolidated Fund of India.
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Collection of Arrears: It also provides for the collection and payment of outstanding duties.
Act Copy: