Sri Lanka Consolidated Acts

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Interim Devaluation Allowance of Employees Act (No. 40 of 1968) - Sect 8

Special provisions regarding payments under section 4

8. The amount payable by an employer to an employee by virtue of the operation of the provisions of section 4 shall be in substitution for, and. not in addition to, any other payment to which such employee is entitled from such employer, being a payment which is calculated on the basis of the Colombo Consumers' Price Index Figure, or which is a special allowance under the Wages Boards Ordinance, and is payable under any agreement by whatsoever name or designation called, entered into, or arrived at, under any written law or otherwise.


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