CMA Intermediate · Business Laws and Ethics · Employees Provident Fund and Miscellaneous Provisions Act, 1952
Under the transitional provision of the Code on Social Security, 2020, the Central Board constituted under section 5A of the 1952 Act corresponds to which body under the Code?
The Central Board under section 5A of the 1952 Act corresponds to the Central Board of Trustees for Employees Provident Fund constituted under section 4 of the Code on Social Security, 2020. The ESI Corporation and welfare boards correspond to different repealed bodies.
- AThe Employees State Insurance Corporation constituted under section 5
- BThe Central Board of Trustees for Employees Provident Fund constituted under section 4Correct
- CThe Building Workers' Welfare Board constituted under section 7
- DThe Standing Committee constituted under section 5(3)
Explanation
The transitional section pairs the Central Board under section 5A of the 1952 Act with the Central Board of Trustees for Employees Provident Fund constituted under section 4 of the Code. The other bodies correspond to ESI, building workers' welfare or ESI's Standing Committee.
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