Section 69
Administration of the Fund
of Employees' Social Security Act 1969
ActIn forceProvision 100 of 207
Section 69
(1)
The Social Security Fund shall be held and administered by the Organization for the purposes of this Act.
(2)
All moneys accruing or payable to the said Fund shall be paid into such banks as may be authorized by the Board:
Provided that the Board may authorize post offices also to accept, on behalf of the Organization, all moneys accruing or payable to the Fund referred to in section 68 subject to such terms and conditions as may be prescribed in the regulations.