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Answer» Correct Answer - Option 3 : Only i and iii.
The correct answer is Only i and iii. - The Shops and Establishment Act is important legislation for the regulation of businesses in the states of India.
- The act is promulgated by the state and differs from one state to another.
- The act is regulated by the department of labour of the respective state.
Important Features of the Act - The act basically includes laws and regulations relating to
- The regulation of working hours.
- Payment of wages.
- Leave or Holiday.
- The terms of service
- Any other conditions of work for people working in various establishments.
- The rules of this act are applicable to people working in
- Commercial Establishments
- Shops
- Other establishments notified by the government.
- The act also regulates societies, charitable trusts, an educational institution for gain and premises in which activities like banking, insurance, and stock or share brokerage is carried on.
- However, factories are not covered by the shops and establishments act and are regulated by the Factories act 1948.
- Any shop or commercial establishment that commences operation must apply to the Chief Inspector for a Shop and Establishment Act License within time.
- On successful submission and review by the Chief Inspector, the Certificate of registration is issued.
- The registration certificate must be prominently displayed at the shop or commercial establishment and renewed periodically, as per the act.
- In case of closure, the occupier should notify the Chief Inspector in writing within fifteen days of closing, who after reviewing may cancel the registration.
- The Chief Inspector is appointed by the respective state government and hold power as provided by the Shops and Establishment Act.
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