Rule 327: Applying for approval of a gratuity fund in Form No. 188
Rule 327 prescribes the form for applying for approval of a gratuity fund under paragraph 4(1) of Part B of Schedule XI. Rules 316 to 329 govern approved gratuity funds under Part B of Schedule XI to the Act. The application is in Form No. 188, verified as indicated in it.
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Bare law
Rule 327 - Application for approval
The application for approval of a gratuity fund is required to be furnished under paragraph 4(1) of Part B of Schedule XI to the Act shall be made in Form No. 188 and shall be verified in the manner indicated therein.
Rule breakdown
Requirements
Form No. 188.
Verified as indicated.
Under paragraph 4(1) of Part B of Schedule XI.
Key takeaways
Form No. 188
Application form.
Same as superannuation
Rule 313.
Paragraph 4(1)
Approval provision.
Practical checklist
- Attach required documents with Form No. 188.
Avoid
- Do not alter rules after approval without consent (Rule 328).
FAQs
Which form for gratuity fund approval?
Form No. 188 (Rule 327).
Is it the same as for superannuation?
Yes, Rule 313.
Under which provision?
Paragraph 4(1) of Part B of Schedule XI.
Glossary
- Approval
- Approval under Part B of Schedule XI.
- Form No. 188
- Application form.