98 Definitions

PART XIV

APPROVED GRATUITY FUNDS

Definitions.

98.   In this Part-

          (a)  "beneficiary" means a person referred to in clause (b) of rule 3 of Part C of the Fourth Schedule for whom provision of gratuity is made;

          (b)  "fund" means a "gratuity fund"; and

          (c)  "trust" means the trust under which the fund is established and "trustee" means a trustee thereof.