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Sec 3, Payment of Bonus Act 1965: Establishments (incl. Depts., Undertakings & Branches)

Section 3 (Establishments to include departments, undertakings and branches) of the Payment of Bonus Act 1965

❝Where an establishment consists of different department or undertakings or has branches, whether situated in the same place or in different places, all such departments or undertakings or branches shall be treated as parts of the same establishment for the purpose of computation of bonus under this Act:

 Provided that where for any accounting year a separate balance-sheet and profit and loss account are prepared and maintained in respect of any such department or undertaking or branch, then, such department or undertaking or branch shall be treated as a separate establishment for the purpose of computation of bonus, under this Act for that year, unless such department or undertaking or branch was, immediately before the commencement of that accounting year treated as part of the establishment for the purpose of computation of bonus.❞



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Notes:

The Payment of Bonus Act, 1965 was amended by the:
- the Insurance (Amendment) Act, 1968 (62 of 1968)
- the Payment of Bonus (Amendment) Act, 1969 (8 of 1969)
- the Central Labour Laws (Extension of Jammu And Kashmir) Act, 1970 (51 of 1970)
- the Payment of Bonus (Amendment) Act, 1972 (68 of 1972)
- the Payment of Bonus (Amendment) Act, 1973 (39 of 1973)
- the Payment of Bonus (Second Amendment) Act, 1973 (55 of 1973)
- the Payment of Bonus (Amendment) Act, 1974 (42 of 1974)
- the Payment of Bonus (Amendment) Act, 1976(23 of 1976)
- the Payment of Bonus (Amendment) Act, 1977 (43 of 1977)
- the Payment of Bonus (Amendment) Act, 1978 (48 of 1978)
- the Payment of Bonus (Amendment) Act, 1980 (5 of 1980)
- the Payment of Bonus (Second Amendment) Act, 1980 (66 of 1980)
- the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981)
- the Payment of Bonus (Amendment) Act, 1985 (30 of 1985)
- the Payment of Bonus (Second Amendment) Act, 1985 (67 of 1985)
- the National Housing Bank Act, 1987 (53 of 1987)
- the Small Industries Development Bank of India Act, 1989 (39 of 1989)
- the Payment of Bonus (Amendment) Act, 1995 (34 of 1995)
- the Payment of Bonus (Amendment) Act, 2015 (06 of 2016)

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