Workmen’s Compensation Act |
Workmen’s Compensation (Workers’ Fund) Regulations |
Rg 2 |
REVISED EDITION 1990 |
(25th March 1992) |
[1st October 1975] |
Citation |
1. These Regulations may be cited as the Workmen’s Compensation (Workers’ Fund) Regulations. [S 168/2008 wef 01/04/2008] |
Definition |
2. In these Regulations, unless the context otherwise requires, “Fund” means the Workers’ Fund. |
Sources of Workers’ Fund |
3. The Fund shall consist of —
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Administration of Fund |
Purposes of Workers’ Fund |
5. The moneys in the Fund may be applied for all or any of the following purposes:
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Procedure for application for relief |
6.—(1) An injured workman, or in the event of his death, any of his dependants, desiring an advance from the Fund, may apply to the Commissioner in accordance with the form set out in the Schedule. [S 168/2008 wef 01/04/2008]
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Powers of Commissioner to grant financial assistance |
7.—(1) Subject to these Regulations, the Commissioner may grant financial assistance at such rates and for such period as may from time to time be determined by him:
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Procedure on receipt of donations |
8.—(1) All donations and gifts to the Fund shall be acknowledged in writing and an official receipt marked for “Workers’ Fund” shall be issued.
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Proper accounts to be kept |
9.—(1) Proper books of accounts showing every item of income received and expenditure disbursed shall be maintained by the Commissioner and where necessary subsidiary accounts may be kept for those cases where the donors have specified particular purposes for their donations.
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Procedure for dissolution of Fund |
10. The Fund shall not be dissolved unless so directed by the Minister for Finance. In the event of the Fund being dissolved, all debts and liabilities incurred by the Fund shall be fully discharged and the moneys remaining in the Fund shall vest in the Government. |