Sri Lanka Consolidated Acts

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Employees' Provident Fund Act (No. 15 of 1958) - Sect 47

Interpretation

47. In this Act, unless the context otherwise requires-" Commissioner" means the Commissioner of Labour; " covered employment" means an employment declared by regulation to be a covered employment; " earnings " mean-
(a) basic wages or salary;
(b) cost of living allowance, special living allowance and other similar allowances;
(c) payment in respect of holidays;
(d) the cash value of any cooked or uncooked food provided by the employer to employees in prescribed employments and any such commodity used in the preparation or composition of any food as is so provided, such value being assessed by the employer subject to an appeal to the Commissioner whose decision on such appeal shall be final; and
(e) such other forms of remuneration as may be prescribed;
" employee" includes any apprentice or learner who is paid a remuneration; " employer" means any person who on his own behalf employs, or any person on whose behalf any other person employs, or any person who on behalf of any other person employs, any person in a covered employment; " Monetary Board" means the Monetary Board established under the Monetary Law Act; " prescribed " means prescribed by regulation; and " regulation" means a regulation made under this Act.


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