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act 039 of 1972 : Payment of Gratuity (Amendment) Act, 2018

Payment of Gratuity (Amendment) Act, 2018

ACTNO. 39 OF 1972
28 March, 2018

An Act further to amend the Payment of Gratuity Act, 1972.

Be it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:

Section 1. Short title and commencement

(1) This Act may be called the Payment of Gratuity (Amendment) Act, 2018.

(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Section 2. Amendment of section 2

In the Payment of Gratuity Act, 1972 39 of 1972 (here in after referred to as the principal Act), in section 2, for clause (k), the following clause shall be substituted, namely:

(k) notification means a notification published in the Official Gazette and the expression notified shall be construed accordingly; .

Section 3. Amendment of section 2A

In section 2A of the principal Act, in sub-section (2), in the Explanation, in clause (iv), for the words twelve weeks , the words such period as may be notified by the Central Government from time to time shall be substituted.

Section 4. Amendment of section 4

In section 4 of the principal Act, in sub-section (3), for the words ten lakh rupees , the words such amount as may be notified by the Central Government from time to time shall be substituted.

1. Received the assent of the President on the 28th March, 2018, and published in the Gazette of India