View All - 1958 Acts Section No : Acts & Ordinances EMPLOYEES' PROVIDENT FUNDMarginal Notes1. This Act may be cited as the Employees' Provident Fund Act, No. 15 of 1958, and shall come into operation on such date (hereafter in this Act referred to as the appointed date) as the Minister may appoint by Order published in the Gazette*.2. Establishment of Employees' Provident Fund. 3. Membership of the Fund. 4. Administration of this Act. 5. Powers and duties of the Monetary Board in relation to the Fund. 6. Auditor-General to audit the accounts of the Fund, &c. 7. Advances to the Monetary Board by the Government. 8. Section - 89. Section - 910. Section - 1011. Right of employees and employers to elect to pay contributions calculated at higher percentages, and liability of employees and employers who make such election. 12. Commissioner's direction to employer who has reduced the earnings of. any employee for the purpose of reducing the amount of the employer's contributions under this Act in respect of the employee. 13. When fractions of a cent is to be ignored,. or is to be reckoned as one cent, in computing the amount of a contribution.. 14. Interest on contributions, &c. 15. Payment of contributions due from employees. 16. Imposition of surcharge on employers on failure to pay contributions on due date. 17. Recovery of contributions. 18. The sums to be credited to the individual accounts of members.* 19. Employer prohibited from reducing; earnings of his employees &c. 20. Employer prohibited from deducting from earnings of employee payments due from employer under this Act in respect of employee. 21. Amount due under this Act from an employer to be the first charge on his: assets. 22. Money to the credit of individual accounts to be inalienable. Cap. 97. 23. Time at which benefits will be paid. 24. Persons to whom benefits shall be paid in certain circumstances. 25. Definition of "benefit". 26. Claim to benefit. 27. Approved provident funds and approved contributory pension schemes. 28. Commissioner or an officer authorized by the Commissioner to determine claims. 29. Appeals. 30. Remuneration of members of the Tribunal 31. Power of Commissioner to call for returns, &c. 32. Powers of Commissioner and other officers to inspect premises, &c. 33. Certain employers to keep records. 34. Offences. 35. Liability of manager, agent, &c., of employer for offences. 36. Where the employer proves that some other person is guilty of an offence. Cap. 20. 37. Punishment for offences. 38. Recovery of arrears of payments due in certain cases. 39. Burden of proof. 40. Offences by bodies of. persons. 41. No prosecution without the sanction of the Commissioner. 42. Proof of regulations and orders, &c. 43. Exemption from income tax. [ 56 (1), 18 of 1965.] 44. Exemption from stamp duty. 45. Protection for action taken under this Act. 46. Regulations. 47. Interpretation. 48. Prohibition of reduction, on certain ground, of rate of contribution to a provident fund or contributory pension scheme. 49. Act to prevail in case of conflict with other written law.