1) An employee shall immediately after joining the Fund, send to the Controlling Officer, a nomination conferring on one or more persons the right to received the amount that may stand to his credit in the Fund, in event of his death before that amount has become payable, or having become payable, has not been paid.
Provided that, an employee who has a family at the time of making nomination shall make such nomination only in favour of a member or members of his family:
Provided further that, the nomination made by the employee in respect of any other provident fund to which he was subscribing before joining the fund shall b e deemed to be a nomination duly made until he makes an nominations in accordance with his rule.
2) If an employee nominations more than one person under sub-rule (1), he shall specify in the nomination the amount of share payable to each of the nominees in such manner as to cover the whole of the amount that may stand to his credit in the fund at any time.
3) Every nomination shall be in Form (2) set forth in the Appendix II appended to these rules as in appropriate in the circumstances.
4) A subscriber may, at any time, cancel a nomination by sending a notice in writing to the Controlling Officer:
Provided that, an employee who has a family at the time of making nomination shall make such nomination only in favour of a member or members of his family:
Provided further that, the nomination made by the employee in respect of any other provident fund to which he was subscribing before joining the fund shall b e deemed to be a nomination duly made until he makes an nominations in accordance with his rule.
2) If an employee nominations more than one person under sub-rule (1), he shall specify in the nomination the amount of share payable to each of the nominees in such manner as to cover the whole of the amount that may stand to his credit in the fund at any time.
3) Every nomination shall be in Form (2) set forth in the Appendix II appended to these rules as in appropriate in the circumstances.
4) A subscriber may, at any time, cancel a nomination by sending a notice in writing to the Controlling Officer:
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