Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 77

Appointment of public officers to the staff of the Bank

77. (4) Where the Bank employs any person who has entered into a contract with the Government by which he has agreed to serve the Government for a specified period, any period of service to the Bank by that person shall be regarded as service to the Government for the purpose of discharging the obligations of such contract.
(1) At the request of the Bank, any officer in the public service may, with the consent of that officer and the Permanent Secretary to the Ministry in charge of the Minister to whom the subject of Public Administration has been assigned, be temporarily appointed to the staff of the Bank for such period as may be determined by the Bank with like consent or be permanently appointed to such staff.
(2) Where an officer in the public service is temporarily appointed to the staff of the Bank-
(a) he shall be subject to the same disciplinary control as any other member of such staff;
(b) if, at the time of his temporary appointment to the staff of the Bank, his substantive post in the public service was a post declared to be pension able under the Minutes on Pensions-
(i) he shall, while in the employ of the Bank, be deemed to have been absent from duty in the public service on grounds of public policy, and accordingly section 10 (i) of those Minutes shall apply to him, and
(ii) in respect of him the Bank shall pay out of the funds of the Bank to the Deputy Secretary to the Treasury to be credited to the Consolidated Fund for every complete month during which he is in the employ of the Bank such sum not exceeding twenty-five per centum of the salary payable to him in hissubstantive post in the public service as may be determined by the Minister; and
(c) if, at the time of his temporary appointment to the staff of the Bank, he was a contributor to the Public Service Provident Fund established under the Public Service Provident Fund Ordinance, his services to the Bank shall, for the purpose of that Ordinance, be deemed to be service to the Government, and accordingly he shall, while he is in the employ of the Bank, continue to pay to the Public Service Provident Fund such contributions as he was liable under that Ordinance to pay, and in respect of him the Bank shall pay at the close of each financial year out of the funds of the Bank to the Deputy Secretary to the Treasury to be credited to that officer's account in the Public Service Provident Fund a sum equivalent to such contribution as the Government is liable to pay to the Public Service Provident Fund in respect of him.
(3) Where an officer in the public service is permanently appointed to the staff of the Bank- (c) if, at the time of his permanent appointment to the staff of the Bank, he was a contributor to the Public Service Provident Fund established under the Public Service Provident Fund Ordinance, he shall, for the purpose of that Ordinance, be deemed to have left the service of the Government upon the determination of contract with the consent of the Government otherwise than by dismissal.
(a) he shall be deemed to have left the public service;
(b) if, at the time of his permanent appointment to the staff of the Bank, his substantive post in the public service was a post declared to be pensionable under the Minutes on Pensions-
(i) he shall be eligible for such an award under those Minutes as might have been made to him if he had been, retired from the public service on the ground of ill health on the date of his permanent appointment to the staff of the Bank.
(ii) the amount of any such award made under those Minutes shall not be paid to him unless his employment in the staff of the Bank is terminated by retirement on account of age or ill health or by the abolition of the post held by him in such staff or on any other ground approved by the Minister of Finance, and
(iii) in the event of his death while in the employ of the Bank, such an award as might have been made in respect of him under those Minutes if he had died immediately before his permanent appointment to the staff of the Bank may be made in respect of him; and


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