(1)[ 2 1] A beneficiary of the fund shall contribute to the fund at the rate of Rs. 100/- (Hundred Rupees) for every year or Rs. 50/- (Fifty Rupees) for every Six months. This contribution shall be remitted in advance once in three months in any of the banks specified by the Board in the District in which the member resides or in such manner as may be directed by the Board.
(2) The beneficiary may authorize his employer to deduct his contribution from his wages and after receiving such authorization it shall be the responsibility of the employer to deduct contribution from the wages of the beneficiary and to remit the same, within fifteen days from such deduction, to the Board in such manner as may be directed by the Board.
(3) If a beneficiary commits default in the payment of contribution continuously for a period of one year, he shall cease to be beneficiary of the Fund. However, with the permission of the Secretary or an officer authorized by him in this behalf the membership may be resumed on repayment of arrears of contributions with a fine of Rs. 2 per month subject to the condition that such resumption shall not be allowed more than twice.