Employees' State Insurance (Central) Second Amendment Rules, 2018

MINISTRY OF LABOUR & EMPLOYMENT NOTIFICATION  

New Delhi, the 11th October, 2018  

G.S.R. 1021(E)

Whereas a draft containing certain rules further to amend the Employees' State Insurance (Central) Rules, 1950 were published in the Gazette of India, Extraordinary, Part-II, Section  3, Sub-section (i) vide G.S.R. 605(E), dated the 3rd July, 2018, as required by sub-section (1) of the section 95 of the Employees' State Insurance Act, 1948 (34 of 1948), inviting objections and suggestions from all persons likely to be affected thereby before the expiry of a period of thirty days from the date on which the copies of the Official Gazette containing the said notification was published were made available to public;

And whereas, the copies of the said Official Gazette were made available to the public on the 6th July, 2018;

And whereas, no objection or suggestion has been received from any person in respect of the said draft rules within the period specified above for consideration by the Central Government;

Now, therefore, in exercise of the powers conferred by section 95 of the said Act, the Central Government, after consultation with the Employees' State Insurance Corporation, hereby makes the following rules further to amend the Employees' State Insurance (Central) Rules, 1950, namely:-

1. (1) These rules may be called the Employees' State Insurance (Central) Second Amendment Rules, 2018. (2) They shall come into force on the date of their publication in the Official   Gazette.

2. In the Employees’ State Insurance (Central) Rules, 1950, in rule 21, in sub-rule (1),—

(i) in the proviso, for the words “any such bank”, the words “any  scheduled bank authorised for Government agency business” shall be substituted; 

(ii) for the Explanation, the following Explanation shall be substituted, namely:—

‘Explanation - 

(a) “ Nationalised Bank” means a corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) or a corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980);

(b) “scheduled bank” means a scheduled bank referred to in section 42 and specified in the Second Schedule to   the Reserve Bank of India Act, 1934 (2 of 1934);

(c)“authorised bank for Government agency business” means banks notified by the Department of Expenditure    in the Ministry of Finance vide office memorandum number  S-11021/1

(20)/Rly/2008/RBD/2018, dated the    7th December, 2016, as amended from time to time.’. 

[F. No. S-38025/03/2015-SS-I(Pt)]
MANISH KUMAR GUPTA, Jt. Secy.

Note : The principal rules were published in the Gazette of India, vide notification number S.R.O. 212, dated the  22nd June, 1950 and was last amended vide notification number G.S.R. 650(E), dated the 16th July, 2018.