(1) Every employee shall contribute two rupees per year to the Fund and every employer shall, in respect of each employee contribute five rupees per year to the Fund.
(2) Notwithstanding anything contained in any other law for the time being in force, the employer shall be entitled to recover from the employees the employees contribution by Interest on unpaid accumulation or fines after notice of demand.
Contribution to the Fund by employee and employer.
[Act No.34 of 1987] 13 deduction from his wages in such manner as may be prescribed and such deduction shall be deemed to be a deduction authorised by or under the Payment of Wages Act, 1936.
11. The Government may, from time to time, make grants and advance loans to the Board to the extent of the Fund available for the purposes of this Act, on such terms and conditions as the Government may, in each case, determine.