74.
| (1) Any agreement or contract restricting a trainee to his pursuit of a trainee occupation after the end of his initial training period shall be null and void: |
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| (2) Any agreement outside the contract
| | (a) imposing an obligation on the trainee to pay for his initial training; | | |
| | (b) imposing penalties to be embodied in the contract; | | |
| | (c) imposing any exclusions or limitations of claims to compensation for damages ; | | |
| | (d) determining the rate of compensation for damages as a lump sum, | | |
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| (3) Any contract or agreement entered into, without complying with the provisions of this Part of this Act, shall be null and void. |
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Sri Lanka Consolidated Acts