Rajasthan OSHWC Rules, 2026 · Rule 70
Rule 70: Refund of security deposit
Explains the operative legal effect of refund of security deposit under the 2026 Scheme, including who must act, what conditions apply and how the paragraph interacts with the Code on Social Security, 2020.
Final State RuleS.O. 23Effective 30 Jun 2026
Finin2min summary
Explains the operative legal effect of refund of security deposit under the 2026 Scheme, including who must act, what conditions apply and how the paragraph interacts with the Code on Social Security, 2020.
Jurisdiction: Rajasthan. These are final State rules notified under sections 133 and 135 of the OSHWC Code, 2020 and are not interchangeable with Central or another State's rules.
Full notified Rule text
70. Refund of security deposit.- (1) On expiry of the period of license the contractor may, if he does not intend to have his license renewed further, make an application electronically to the licensing authority for the refund of the security deposited by him (in
form of bank guarantee) along with copy of licence and notice of completion of work and bank details in which amount is required to be refunded.
(2) If the Licensing authority is satisfied that there is no breach of the conditions of license or there is no order for the forfeiture of security deposit or any portion thereof, he shall direct the refund of the security deposit to the applicant.
(3) If there is any order directing the forfeiture of any portion of contractor‘s security deposit, the amount to be forfeited shall be deducted from the security deposit, and balance, if any, shall be refunded to the contractor.
(4) Any application for refund shall, as far as possible, be disposed off within 30 days of the receipt of the application.
भाग4(ग) राजस् थानराज-पत्र,जून30,2026 477
Official Rajasthan Gazette - S.O. 23
Clause / sub-rule explanation
(1)
(1) On expiry of the period of license the contractor may, if he does not intend to have his license renewed further, make an application electronically to the licensing authority for the refund of the security deposited by him (in
form of bank guarantee) along with copy of licence and notice of completion of work and bank details in which amount is required to be refunded.
Explanation: This sub-rule/clause must be applied with the rule heading, definitions and any linked Code provision. Check whether a prescribed form, authority or threshold is triggered.
(2)
(2) If the Licensing authority is satisfied that there is no breach of the conditions of license or there is no order for the forfeiture of security deposit or any portion thereof, he shall direct the refund of the security deposit to the applicant.
Explanation: This sub-rule/clause must be applied with the rule heading, definitions and any linked Code provision. Check whether a prescribed form, authority or threshold is triggered.
(3)
(3) If there is any order directing the forfeiture of any portion of contractor‘s security deposit, the amount to be forfeited shall be deducted from the security deposit, and balance, if any, shall be refunded to the contractor.
Explanation: This sub-rule/clause must be applied with the rule heading, definitions and any linked Code provision. Check whether a prescribed form, authority or threshold is triggered.
(4)
(4) Any application for refund shall, as far as possible, be disposed off within 30 days of the receipt of the application.
भाग4(ग) राजस् थानराज-पत्र,जून30,2026 477
Explanation: This sub-rule/clause must be applied with the rule heading, definitions and any linked Code provision. Check whether a prescribed form, authority or threshold is triggered.
Thresholds / timelines found
Practical example
Assume an employer/member event falls within this paragraph and the record contains 30 day. Apply those figures only to the wage/service/period described in the provision, verify eligibility first, and retain the calculation and source record. The example is illustrative; the notified text controls.
Q&A
What does Rajasthan Rule 70 cover?
Explains the operative legal effect of refund of security deposit under the 2026 Scheme, including who must act, what conditions apply and how the paragraph interacts with the Code on Social Security, 2020.
Does this Rule apply outside Rajasthan?
No. This page explains the final Rajasthan State rule. Other States/UTs may have different final, draft or saved rules.
What should an employer verify before acting?
Confirm applicability under the OSHWC Code, read this Rule with its definitions/schedules/forms, verify the current Rajasthan Gazette and retain evidence of compliance.