Sri Lanka Consolidated Acts

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Public Service Provident Fund (Amendment) Law (No. 37 of 1975) - Sect 4

Replacement of section 4 of the principal enactment

4. Section 4 of the principal enactment is hereby repealed and the following new section substituted therefor:
4.
(1) Every non-pensionable employee shall, until the termination of his service with the Government, pay each month, as a compulsory contribution to the fund, six per centum of his consolidated salary.
(2) The compulsory contribution of a non-pensionable employee for any month shall be calculated on the monthly salary of such employee, notwithstanding that the amount received as salary for that month is less than the monthly salary or that no amount whatever is received by way of salary for that month:
(3) The contribution required or authorized to be paid by a non-pensionable employee under the preceding provisions of this section, shall be deducted from the salary of such employee and paid to the fund.".


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