The Payment of Bonus (Amendment) Ordinance, 1995

. . : . ,REGJ5TERED No. DL:-330Mj95 ~tffi'QT EXTRAORDINARY (Legislutivc Department) • New Delhi, t he 9th July, 1!,95jAsadha 18, 1917 (Saka) THE PAYMENT OF BONUS (AMENDMENT) ORDINANCE, 1995 No. 8 or 1995 Promulgated by the President in the Forty-sixth year of the RepuLJic of India. An Ordinance further to amend the Payment of Bonus Act, 1%5. WHF;REA.s PartiamenL is not in session and the President is satisfied that circumstances exist which render it necessary for him to take imme~te action: Now, THEREFORE, in exercise of the powers conferred by clause ( 1) of article 123 of the Constitution, tl}e President is pleased to promulgate the following Ordinan~e: I. (1) This Ordinance may be called the Payment of Bonus (Amend­ ment) Ordinance, 1995. (2) It shall be deemed to have come into force on the l'at day of April, 1993. 21 of 1965. • 2 In section 2 of the Payment of Bonus Act, 1965 (hen~foafter referred • • --to as. the principal Act), in clause (13). for the words...'.'two th'.()u'sand an?, ••• • •• • fl h d • d • nl'>es'' the· ·:,.vcrd'i;•".fhte~cthottc;ahd -::rnd: fl:vc ·hundred rup::-~s • .. • • 1ve un re ru.t'~ . . • ·· i ha11 be· substituted. • ' Sillort ,title and CClm­ mence­ ment. AmODd. • ment of '>ectim1 2. l ..... ..~ -, i ~ I Ameod. ment a, section l!. l THI! GAUiff OP J:N1'1A ~OM.IN.UY (l'ut n--. l] J. In section 12 of the principal Act, fur the words "one thousand a.Rd six hundred rupees" at both the places where they •occur, the words "two tltoU63Ild and five hundred rupees" shall be substituted. - . SHANKZR DAYAL SHAJUIA ' 1 Presiaent. K. L. MOHANPUlUA, Seey. to the Govt. of In&. 'tlUNl'm> BY Tim M.lNAGU. OOVBI\NN!:NT OF 1NDlA PM5S, Ml1''YO . R()AD Nl!W J:>El-111 A.NB PtTBUSHEO BY THE CONTROLLBft OF PUBLICATIONS, Dl~U 1995.