Section 9 of The Provident Funds Act, 1925
Savings as to estates of soldiers.
Summary
- This section protects the estates (all property and savings) of deceased soldiers by exempting them from certain general rules of the Provident Funds Act.
- The standard rules for repaying provident fund balances under Section 4 do not apply to money that belongs to an estate governed by the Regimental Debts Act, 1893.
- The rules about nominee rights and how they receive provident fund money under Section 5 also do not apply to such military estates.
- Instead, any money belonging to a soldier's estate under the Regimental Debts Act, 1893, is administered according to that specific military law.
Practical examples
FAQ
1. Which sections of the Provident Funds Act do not apply to a soldier's estate under Section 9?
Section 4, which deals with re-payments, and Section 5, which deals with the rights of nominees, do not apply.
2. Which specific law governs the administration of the estates mentioned in Section 9?
The Regimental Debts Act, 1893, governs the administration of these military estates.
3. Why are Sections 4 and 5 of this Act suspended for certain soldiers' estates?
They are suspended to ensure that the money is administered and distributed according to military law under the Regimental Debts Act, 1893, rather than civilian provident fund rules.
Test yourself
1.Which specific law is cited in Section 9 that governs the administration of military estates?
2.Section 9 states that nothing in which of the following sections shall apply to estates governed by the Regimental Debts Act?
3.To what kind of funds or assets does the saving in Section 9 apply?
4.Does a nominee's right under Section 5 override the Regimental Debts Act, 1893, under this section?
5.What is the main purpose of Section 9 of the Provident Funds Act, 1925?