Section 119 Code on Social Security, 2020


 Section 119 Code on Social Security, 2020 :

Section 119   National Social Security Board and State Unorganised Workers’ Board. 

Valuation of assets and liabilities.

Each of the fund maintained by a Social Security Organisation or by an establishment under this Code shall have a valuation of its assets and liabilities made by a valuer or actuary, as the case may be, appointed, with the prior approval of the appropriate Government, by such Social Security Organisation or the establishment, as the case may be, in the following manner, namely:—

(a) in case of Central Board, annually;

(b) in case of Corporation, once in every three years;

(c) in case of any other Social Security Organisation or establishment, as specified by the appropriate Government, by order:

Provided that the appropriate Government, if it considers necessary, may direct such valuation to be made at such intervals other than provided in this section.

Section 119  The Code on Social Security, 2020 in Hindi / कोड ऑन वेजेस / धारा 119 सामाजिक सुरक्षा संहिता 2020 [ सोशल सिक्‍योरिटी कोड 2020 ] का विवरण : -,%202020%20Bill%20Text%20Hindi.pdf

Supreme Court of India Important Judgments And Leading Case Law Related to Section 119 Social Security Code 2020 :  Not Yet Available

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