View All - 2006 Acts Section No : Acts & Ordinances NATIONAL INSURANCE TRUST FUNDMarginal Notes1. This Act may be cited as the National Insurance Trust Fund Act, No. 28 of 2006.2. Application of this Act. 3. Establishment of the National Insurance Trust Fund. 4. Establishment of the National Insurance Trust Fund Board. 5. Seal of the Board. 6. Members of the Board. 7. Terms of office of nominated members. 8. Disqualification for being appointed as a member. 9. Vacancy among members not to invalidate acts and proceedings of the Board. 10. Remuneration and terms and conditions of service of members. 11. Meeting and quorum at meetings of the Board. 12. The objectives of the Board. 13. Powers and duties of the Board. 14. Contributions. 15. Investments. 16. Audit of accounts of the Board. 17. Annual report of work. 18. Payments into the Fund. 19. Payments out of the Fund. 20. Collection of contributions from persons to whom the Act applies. 21. Appointment of officers and servants. 22. Board or officer authorized by it to issue directions to employer. 23. Powers of members of the board or authorized officer to inspect premises &c. 24. Offences and penalties. 25. Liability of certain persons in respect of offences committed by bodies corporate or unincorporated. 26. No prosecution for an offence to be instituted without the sanction of the Board. 27. Prosecution under this Act no bar to a civil action. 28. Regulations. 29. Sinhala text to prevail in case of inconsistency. 30. Interpretation.