A court seeks to ascertain the legislative purpose of the Provident Funds Act, 1925 solely from its…
The Preamble identifies amendment and consolidation of the law relating to Government and other provident funds. It does not state a universal employee-welfare or…
Choose your answer
A court seeks to ascertain the legislative purpose of the Provident Funds Act, 1925 solely from its Preamble. Which conclusion is correct?
Answer and explanation
Correct answer B
The Preamble identifies amendment and consolidation of the law relating to Government and other provident funds. It does not state a universal employee-welfare or banking-company regulatory object. Government Savings Bank deposits are not part of the object stated in this Preamble.
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