(1) Every designated Senior Advocate shall contribute 5[2[rupees ten thousand]5 in every financial year]2 to the Fund 3[before thirty first March]3 3[(2) If any designated Senior Advocate fails to pay the contribution under sub-section (1) on or before thirty-first March of every year, such contribution may be paid within six months from that date together with a late fee of rupees one hundred per month or part of a month subject to a maximum of rupees five hundred.]3]1 4[(3) In the event of non-payment of contribution within the period specified in sub-section (2) such default shall be construed as deemed suspension of practice for the purpose of this Act and the provisions of subsections (5) and (6) of section 15 shall mutatis mutandis apply.]4
1. Section 23A with sub-sections (1) and (2) inserted by Act 6 of 1996 w.e.f. 02.04.1997.
2. Substituted by Act 18 of 2002 w.e.f. 15.04.2005.
3. Substituted by Act 15 of 2005 by notification tobe issued.
4. Inserted by Act 15 of 2005 by notification tobe issued.
5. Substituted by Act 12 of 2017 w.e.f.12.06.2017.