|Name:||Provident Fund Act, (No. 3) B.E. 2550 .|
|Subject(s):||Old-age, invalidity and survivors benefit|
|Type of legislation:||Law, Act|
|Entry into force:|
|Published on:||Royal Thai Government Gazette, 2008-04, Vol. 62, No. 4, pp. 159-164 (INFORM - P60810)
|Bibliography:||Royal Thai Government Gazette, 2008-04, Vol. 62, No. 4, pp. 159-164 (INFORM - P60810)
|Abstract/Citation:||Amends the Provident Fund Act, B.E. 2530 .
Provides for the regulation of the Provident Fund, the establishment and management of the fund, its assets. Amends section 3 with respect to some definitions; section 5 concerning the establishment of the fund; section 7/1 concerning the assets to be in the fund; section 9(8) concerning payment when an employee's membership to the fund expires; section 9(10) concerning requirements relating to a general meeting. Adds new sections 16 and 17 on investments and recording of revenues. Section 23 is also amended concerning payments out of the fund; section 23/1, 23/2, and 23/3 are also added; sections 24 and 35 are also amended