Section 10
Section 49 of the principal Act is amended—
of Employees Provident Fund (Amendment) Act 2016
Amendment ActIn forceProvision 10 of 24
Section 10
(a)
in the shoulder note, by substituting for the word “Interest”
the words “Late payment charges”;
(b)
in subsection (1), by substituting for the word “interest”
the words “late payment charges”; and
(c)
in subsection (2), by substituting for the word “interest”
the words “late payment charges”.