3. Establishment of the Fund

There shall be established a Fund to be called the Bombay Port Trust Employees Welfare Fund and there shall be credited thereto –

(a) such contributions from the general account as may be sanctioned by the Board from time to time;

(b) salaries, wages, allowances and other payments due to employees, other than the employees employed in a "factory", as defined in section 2(m) of the Factories Act, 1948, remaining unclaimed for three years from the date they become due, whether before or after the commencement of these regulations;

(c) fines realised from employees, other than the employees employed in a "factory" as defined in section 2(m) of the Factories Act, 1948;

(d) contributions to employees’ Provident Fund withheld under the relevant regulations regulating the Provident Fund;

(e) interest on loans granted to co-operative societies of employees from the Fund;

(f) interest and profit on investments belonging to the Fund; and

(g) any other sum or property made over to the Fund by way of gift or donation.