CS Executive · Setting Up of Business, Industrial and Labour Laws · Evaluation of Labour Legislation and need of Labour Code
In the Finance Act, 2017, the Eighth Schedule item for the Industrial Tribunal constituted by the Central Government was amended by Section 102 of the Industrial Relations Code, 2020. What change was made in column (3)?
Section 102 substitutes the words 'The Industrial Disputes Act, 1947' with 'The Industrial Relations Code, 2020' in column (3) against serial number 1 of the Eighth Schedule to the Finance Act, 2017. The old Act reference is replaced, not kept alongside.
- AThe words 'The Industrial Disputes Act, 1947' were replaced by 'The Industrial Relations Code, 2020'Correct
- BThe Industrial Tribunal was abolished from the Schedule
- CThe reference to the Industrial Disputes Act, 1947 was retained alongside the Code
- DThe Trade Unions Act, 1926 was substituted for the Industrial Disputes Act, 1947
Explanation
Section 102(b) substitutes the words and figures 'The Industrial Disputes Act, 1947' with 'The Industrial Relations Code, 2020' in column (3). Column (2) was separately amended to refer to the Tribunal constituted under sub-section (1) of section 44 of the Code. Nothing was retained alongside or abolished.
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