Gujarat Co-operative Societies Act, 1961
(1) Any society establish for its employees a provident fund, into which shall be paid the contributions made employees and by the society. Such provided fund shall not be used in the business of the society, nor shall it form part of the assets of the society; but shall be invested under the provisions of section 71 and shall be administered in the prescribed manner. (2) Notwithstanding anything contained in sub-sections (1) a provident fund established by a society to which the Employees Provident Funds Act, 1952, is applicable, shall be governed by that Act.