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CS Executive · Setting Up of Business, Industrial and Labour Laws · The Code on Social Security, 2020

Regarding the Central Board of Trustees of the Employees' Provident Fund under the Code on Social Security, 2020, which statement is correct?

The Central Board has ten employer representatives and ten employee representatives, appointed by the Central Government after consultation with recognised organisations. It is a body corporate with perpetual succession, members continue until successors are appointed, and it may delegate powers to its Chairperson, Executive Committee or officers.

  1. AIt is an unincorporated body with no common seal
  2. BIt has ten employer representatives and ten employee representatives, appointed by the Central GovernmentCorrect
  3. CIts members continue only until their tenure expires, with no extension
  4. DIt has no power to delegate functions to its Chairperson or officers

Explanation

Section 4(1)(d) and (e) provide ten persons each representing employers and employees, appointed by the Central Government after consultation. Section 4(2) makes it a body corporate with perpetual succession and a common seal. Section 4(6) lets members continue until successors are appointed, and section 4(5) allows delegation.

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